Dealmakers Magazine | May 13, 2011

Page 1

Reporting The Nation’s Weekly News on Retailing & Retail Real Estate

Volume XXVI No. XIX

May 13, 2011

Supermarket Chains Expand Nationwide Dierbergs Markets, Inc. trades as Dierbergs Markets at 23 locations throughout IL and MO. The supermarkets, featuring seafood, wine, bakery, deli, cheese, meat and specialty foods departments, as well as a pharmacy, occupy spaces of 65,000 sq.ft. to 75,000 sq.ft. in strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Preferred cotenants include Target, T.J. Maxx, PetSmart, Petco and Michaels. For more information, contact Jerry Ebest, Dierbergs Markets, Inc., PO Box 1070, Chesterfield, MO 63017; 636-812-1352, Fax 636-812-1607; Email: ebestj@dierbergs.com; Web site: www.dierbergs.com.

Rouses Enterprises, Inc. trades as Rouse’s Supermarket at 36 locations throughout LA and MS. The supermarkets, featuring meat, seafood, produce, sushi and bakery departments, occupy spaces of 45,000 sq.ft. to 65,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout Baton Rouge, Lafayette and New Orleans, LA, as well as MS, during the coming 18 months. The company prefers to acquire sites and will consider smaller locations. For more information, contact Donny Rouse, Rouses Enterprises, Inc., 1301 St. Mary Street, Thibodaux, LA 70301; 985-447-5998, Fax 985447-5563; Email: feedback@rouses.com; Web site: www.rouses.com.

Roundy’s Supermarkets and Mariano’s Fresh Market operate 152 locations throughout IL, MN and WI. The upscale supermarkets, featuring bakery, deli, liquor, floral, health and beauty and specialty foods departments, as well as a pharmacy, occupy spaces of 65,000 sq.ft. to 80,000 sq.ft. in suburban and urban areas. Growth opportunities are sought for the Mariano’s Fresh Market concept throughout the Chicago, IL metropolitan area during the coming 18 months, with representation by Witherell Real Estate. For more information, contact Andy Witherell, Witherell Real Estate, 850 West Jackson Boulevard, Suite 701, Chicago, IL 60607; 773-991-4932; Email: andy@witherellrealestate.com; Web site: www.witherellrealestate.com.

Fiesta Mart, Inc. trades as Fiesta Mart at 57 locations throughout Austin, Dallas/Ft.Worth and Houston, TX. The supermarkets, featuring seafood, meat, deli and specialty foods departments, occupy spaces of 35,000 sq.ft. to 60,000 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought throughout TX during the coming 18 months, with representation by United Equities. For more information, contact Buster Freedman, United Equities, 4545 Bissonnet Street, Suite 100, Bellaire, TX 77401; 713772-6262, Fax 713-981-4035; Email: bfreedman@unitedequities.com; Web site: www.unitedequities.com. (continued on page twenty-four)

This issue contains information on:

* Retailers operating 25,974 locations with plans to open 1,981 sites * Real estate valued in excess of $730.3 million to be bought, sold & financed * Leasing activity on over 4.9 million sq.ft. of retail properties

Important News Please Expedite

Postmaster: Periodical

Featuring Pre-Show ICSC RECon Buyers and Sellers Henry S. Miller Brokerage, LLC seeking grocery-anchored centers throughout the Midwest Pg. 6 AmCap, Inc. looks to acquire shopping centers nationwide.... Pg. 6 New Construction LANE4 Property Group is developing a mixed-use project in Kansas City, MO................... Pg. 8 Openings Five Below, Inc. opening 50 stores nationwide this year....... Pg. 12 Pep Boys opening 55 locations nationwide, including five Supercenters............................. Pg. 14 Food Retailers Expand Al Copeland Investments opening restaurants in the midwestern and southeastern regions of U.S........................... Pg. 18 Moe’s Southwest Grill to open 65 locations.............................. Pg. 22 Exclusives SPL Realty represents Casual Male Retail Group throughout southern CA............................. Pg. 26 Sources of Financing WG Capital Group provides interest-only financing for properties nationwide............... Pg. 26 Lease Signings DLC Management Corp. negotiated a lease with America’s Kids in Raleigh, NC Pg. 28 Lead Sheet Ulta, Inc. to open locations throughout 40 states nationwide Pg. 29 Beverages & More, Inc. seeking sites throughout AZ and CA...... Pg. 32 In the News NAI Global hired Greg Schecher as senior vice president, finance Pg. 34 Space Place.............................. Pg. 39 ICSC RECon Floor Plan............ Pg. 46 Most Valuable Players.............. Pg. 58

For more news go to: www.dealmakers.net Mobile Access Code: prerecon11




Buyers and Sellers Kin Properties, Inc. is selling a 4,000 sq.ft. freestanding building located along Upper Valley Pike Road in Springfield, OH. The asking price is $375,000. The company is also selling a 7,020 sq.ft. freestanding building located along Route 13 in Bristol, PA. The asking price is $895,000. The company is also selling a 1,548 sq.ft. freestanding building located along Brainerd Road in Chattanooga, TN. The asking price is $250,000. The company is also selling a 5,400 sq.ft. freestanding building located along Chapman Highway in Knoxville, TN. The asking price is $350,000. The company is also selling a 4,550 sq.ft. freestanding building located along Winchester Road in Memphis, TN. The asking price is $395,000. The company is also selling a 4,860 sq.ft. freestanding building located along North First Street in Abilene, TX. The asking price is $265,000. The company is also selling a 29,100 sq.ft. freestanding building located along Harwood Road in Bedford, TX. The asking price is $850,000. The company is also selling a 5,400 sq.ft. freestanding building located along South Bowen Road in Pantego, TX. The asking price is $295,000. The company is also selling an 8,400 sq.ft. freestanding building located along West Brown Deer Road in Brown Deer, WI. The asking price is $395,000. The company also looks to acquire single-tenant, freestanding retail properties, as well as single-tenant anchor buildings and outlots of malls and shopping centers. For more information, contact Len Weiselberg, Robert Crum, Matthew Makler, Gary Shapiro or Steven Sandelman, Kin Properties, Inc., 185 Northwest Spanish River Boulevard, 1st Floor, Boca Raton, FL 33431; 888-546-7767 Ext. 112/117/118/123/124; Emails: lweiselberg@kinproperties.com, rcrum@kinproperties.com, mmakler@kinproperties.com, gshapiro@kinproperties.com and ssandelman@kinproperties.com; Web site: www.kinproperties.com. Sperry Van Ness|The Kase Group is selling the 25-year NNN ground lease to a CVS located in Southwick, MA, along with a 3.601-acre parcel. The lease features 5% rent escalations every five years. The asking price is $2.538 million with a Cap rate of 6.50% for the CVS and $400,000 for the parcel. For more information, contact Kase Abusharkh or Jacob Abusharkh, Sperry Van Ness|The Kase Group, 252 Abigail Circle, Danville, CA 94506; 925348-1844 or 925-736-8405; Emails: kase@svn.com and jacob@svn.com; Web site: www.thekasegroup.com. page 4

May 13, 2011

The

Hanley Investment Group negotiated the sale of five single-tenant Walgreens properties, including a 13,961 sq.ft. building situated on 5.5 acres along North Lake Avenue in Pasadena CA, with the company representing the buyer; a store in Orange County, CA; a 13,680 sq.ft. location situated on 1.49 acres along East Holt Avenue in Pomona, CA, with the company representing the buyer and NAI Capital NYC representing the seller, Evergreen/Holt; a 14,991 sq.ft. location situated on 1.52 acres along Van Buren Boulevard in Riverside, CA, with the company representing the buyer and the seller, Arlington-Van Buren Investment, LLC, and a 14,490 sq.ft. building situated on 1.93 acres along Northwest 122nd Street in Oklahoma City, OK, with the company representing the buyer, RW WG Riverside, LLC, and Sperry Van Ness and Net Leased Real Properties representing the seller, MAC-122, LLC. The properties were sold as individual assets for a total of over $34 million. For more information, contact Hanley Investment Group, 8001 Irvine Center Drive, Suite 100, Irvine, CA 92618; 949585-7610, Fax 949-585-7611; Email: info@hanleyinvestment.com; Web site: www.hanleyinvestment.com.

The Boulder Group is selling a Pamida located in Sisseton, SD. The tenant is bound to a long-term lease featuring rent escalations every three years. The asking price is $2.176 million with a Cap rate of 9%. For more information, contact Randy Blankstein or Jimmy Goodman, The Boulder Group, 666 Dundee Road, Northbrook, IL 60062; 847-562-0003/8500; Emails: rblank@bouldergroup.com and jimmy@bouldergroup.com; Web site: www.bouldergroup.com.

Brauvin Real Estate is looking to acquire singletenant net-leased properties nationwide. Suitable properties feature tenants bound to short- or long-term leases and are priced below $6 million for individual assets and below $50 million for portfolios. Preferred demographics include a population above 50,000 within five miles. The company will also consider sale-leaseback opportunities. For more information, contact Eric D. Saltzman, Mark C. Lewensohn or Drew D. McElligott, Brauvin Real Estate; 312-759-7668/7662/7663; Emails: esaltzman@brauvin.com, mlewensohn@brauvin.com and dmcelligott@brauvin.com; Web site: www.brauvin.com.

Editor............................................... Adam Taliercio

Capital Real Estate Investments, Inc. negotiated the sale of a 30,625 sq.ft. strip center situated on 1.83 acres along Virginia Avenue in San Diego, CA. At the time of sale, tenants included Factory 2-U, Baja Duty Free and El Progresso. NJ Units, LLC acquired the property from Tom E. Dixon Trust for $4.25 million. The company represented both the buyer and the seller in the transaction. For more information, contact Zack Smith, Capital Real Estate Investments, Inc., 4370 La Jolla Village Drive, Suite 850, San Diego, CA 92122; 858-200-9405; Email: zsmith@capital-rei.com.

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President/Publisher.............................. Ann O'Neal ann@dealmakers.net Vice President .................................. Alyson Parker alyson@dealmakers.net Art Director................................. Anthony Pingicer anthony@dealmakers.net Editor.................................................. Erin Dunkley erin@dealmakers.net

adamt@dealmakers.net Customer Service....................... Bridget Thoresen custserv@dealmakers.net Founder..................................................... Ted Kraus 1979–2007

The Dealmakers (ISSN 1055-0771) is published weekly except for the weeks of January 1st, July 4th, the ICSC's Spring and Fall Conventions and December 25th for $294 per year U.S., foreign $319 by TKO Real Estate Advisory Group Inc. PO Box 2630 Mercerville, NJ 08690-0630. TM

The Dealmakers TM reports on over 20,000 retailers, developers and management companies every year. It is written by real estate professionals for real estate professionals. The newsletter keeps readers abreast of the latest leasing, development and management changes occurring in the real estate industry on a weekly basis. NOTE: Current federal law requires written consent from a company prior to utilizing the published fax number. Share The Dealmakers TM with your organization or service for free. Just let us know when your next meeting is and we'll send you copies of our issue for free for your members to learn how to be a better dealmaker! POSTMASTER: Send address changes to The Dealmakers, PO Box 2630 Mercerville, NJ 086900630. Periodical postage paid at Trenton, NJ and at additional mailing offices. Affiliated with Tenant Search, E.S.P., E-Blast Copyright 2011 by TKO Real Estate Advisory Group Inc. 609-587-6200, fax 609-587-3511.


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Buyers and Sellers (continued from page four)

Yale Realty Services Corp. is looking to acquire strip and power centers located east of the Mississippi River. Suitable properties are anchored by grocery stores or Walmart Supercenters, and priced between $5 million and $30 million. For more information, contact Brendan Kolnick, Yale Realty Services Corp., 10 New King Street, Suite 102, White Plains, NY 10604; 914-289-0100, Fax 914-289-0101; Email: bkolnick@yalerealtyservices.com; Web site: www.yalerealtyservices.com. Henry S. Miller Brokerage, LLC, on behalf of a client, is looking to acquire groceryanchored shopping centers located throughout the southwestern region of the U.S. Suitable properties have GLAs ranging from 70,000 sq.ft. to 200,000 sq.ft. and are more than 70% leased with prices reflective of a Cap rate between 9% and 10%. For more information, contact Thad Beckner, Henry S. Miller Brokerage, LLC, 5001 Spring Valley Road, Suite 1100 West, Dallas, TX 75244; 972-419-4041, Fax 972-419-6850; Email: tbeckner@henrysmiller.com. RD Management, LLC is selling a 22-acre parcel located at the intersection of Holly Road and Interstate 75 in Grand Blanc, MI. For more information, contact Thomas G. Mirandi, RD Management, LLC, 810 Seventh Avenue, 10th Floor, New York, NY 10019; 212-265-6600 Ext. 239, Fax 212-459-9133; Email: tmirandi@rdmanagement.com; Web site: www.rdmanagement.com. Coremark Group is acquiring parcels from one acre to 25 acres located in NJ, NY and PA. For more information, contact Brian Wasilenko or Jordan Liebowitz, Coremark Group, 392 Main Street, Wyckoff, NJ 07481; 201-847-2600 Ext. 113/114, Fax 201-5600600; Emails: bw@coremarkgroup.com and jl@coremarkgroup.com; Web site: www.coremarkgroup.com. Coro Realty Advisors, LLC acquired Oglethorpe Crossing Shopping Center, a 58,413 sq.ft. center located at the intersection of Johnson’s Ferry Road and Ashford Dunwoody Road in the Ogelthorpe area of Atlanta, GA. At the time of sale, Publix and CVS anchored the center. For more information, contact Teresa Pastore, Coro Realty Advisors, LLC, 3715 Northside Parkway, 400 Northcreek, Suite 100, Atlanta, GA 30327; 404-846-4002, Fax 404846-8660; Email: tpastore@cororealty.com; Web site: www.cororealty.com. page 6

May 13, 2011

The

The Shopping Center Group is selling Mabry Village, a 15,126 center located along Woodstock Road in Atlanta, GA. The property is 100% leased with tenants including Starbucks and FedEx Office. The tenants are bound to NNN leases. Area demographics include a population of 55,403 within three miles earning $127,748 as the average household income. The average daily traffic count is 53,400 vehicles. For more information, contact Daniel Earles or Mark Cooley, The Shopping Center Group, 300 Galleria Parkway, 12th Floor, Atlanta, GA 30339; 770-9552434, Fax 770-951-0054; Web site: www.theshoppingcentergroup.com. Coldwell Banker Commercial NRT seeks to acquire income-producing retail properties located throughout northern Bergen County, NJ and the Lower Hudson Valley area of NY. Suitable properties are priced under $4 million. For more information, contact Yshay Manos, Coldwell Banker Commercial NRT, 170 North Main Street, New City, NY 10956; 845-634-0400, Fax 862-345-2456; Email: nyhudsonrealty@gmail.com. Goodman Real Estate Services Group LLC negotiated the sale of a 72,507 sq.ft. building situated on 10.9 acres along America Boulevard in Marion, OH. The company represented the buyer, Rural King, in the transaction. For more information, contact Bobby Benjamin, Goodman Real Estate Services Group, LLC; 216-381-8200; Web site: www.goodmanrealestate.com. CB Richard Ellis negotiated the sale of Sahara Rainbow Center, located along South Rainbow Boulevard in Las Vegas, NV. Omninet Sahara, LLC acquired the property for $4.8 million. For more information, contact Charles M. Moore or Marlene M. Fujita, CB Richard Ellis, 3993 Howard Hughes Parkway, Suite 700, Las Vegas, NV 89169; 702369-4820/4862, Fax 702-369-4904; Emails: charles.moore@cbre.com and marlene.fujita@cbre.com; Web site: www.cbre.com/pcglv. AmCap, Inc. is looking to acquire community, neighborhood and regional shopping centers nationwide. For more information, contact Jake Bisenius, AmCap, Inc., 1281 East Main Street, Stamford, CT 06902; 203-327-2001; Email: jbisenius@amcap.com; Web site: www.amcap.com.

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Professional Realty Advisors is selling Grant Plaza, a 136,389 sq.ft. neighborhood shopping center located in Philadelphia, PA. The center is 96% occupied and anchored by Regal Cinema. Tenants include Deal$, RadioShack, Dunkin’ Donuts, Dairy Queen and Perkins. For more information, contact Michael Margolis, R. Eric Mattson Jr., Shawn P. Lubic, Andrew M. Egan or Dave Iemolo, Professional Realty Advisors, 2 St. Albans Avenue, Suite 200, Newtown Square, PA 19073; 610-359-8777 Ext. 113/115/116/152 or 610-359-5950, Fax 610-359-5494; Email: mmargolis@professionalrealtyadvisors.com. RJS Realty Group negotiated the sale of North Hills Square, a 60,829 sq.ft. center located at the intersection of University Drive and Wiles Road in Coral Springs, FL. At the time of sale, Walmart Neighborhood Market anchored the center. AM Coral Springs, LLC acquired the property from WCOT North Hills Square, LLC. The company represented the seller in the transaction. For more information, contact Steve Miskew, RJS Realty Group, 70 Southeast 4th Avenue, Delray Beach, FL 33483; 561659-9771 Ext. 2, Fax 561-659-9773; Email: stevemiskew@rjsrealty.com; Web site: www.rjsrealty.com. InCommercial, Inc. is selling four Dollar General properties located in Gordon, Hartington, Neligh and Creighton, NE. The tenants are bound to short-term leases of two to five years. The asking prices are $480,000 for the Gordon property, $315,000 for the Hartington property, $252,000 for the Neligh location and $432,000 for the Creighton store, with Cap rates exceeding 10%. For more information, contact Erik Conrad, InCommercial, Inc.; 312-506-4170; Email: erik@in-commercial.com. SRS Real Estate Partners is selling a 117,803 sq.ft. freestanding building situated on 9.53 acres along Saville Row in Hampton, VA. Area retail includes Walmart. Area draws include Hampton Roads Convention Center. The asking price is $4.3 million. For more information, contact Patrick A. Smith or Matt J. Ogle, SRS Real Estate Partners, 366 Madison Avenue, 5th Floor, New York, NY 10017; 212-7105240/5254; Emails: patrick.smith@srsre.com and matt.ogle@srsre.com; Web site: www.srsre.com. (continued on page ten)


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New Construction LANE4 Property Group is developing 39Rainbow, a mixed-use project located at the intersection of Rainbow Boulevard and Marty Avenue in Kansas City, MO. The first phase of the project will feature a 10,000 sq.ft. ground-floor retail space and an 83-unit hospitality component. Cotenants include Five Guys Famous Burgers and Fries and Yogurtopia. The initial phase is currently under construction and is slated to open during spring of next year. The second phase of the project will feature retail and medical components. Construction on the second phase is slated to begin next spring. For more information, contact LANE4 Property Group, 4705 Central Street, Kansas City, MO 64112; 816-960-1444, Fax 816960-1441; Web site: www.lane4group.com. York Properties, Inc. is preleasing the second phase of South Park Village, located at the intersection of Highway 55, Avent Ferry Road and Ralph Stevens Road in Holly Springs, NC. Junior anchor, restaurant and shop spaces are available along with outlots. Harris Teeter anchors the center and cotenants include CVS, SunTrust Bank, BB&T Bank, Fidelity Bank, Chick-fil-A, ABC Store, Burger King and Sherwin-Williams. Area retail includes Walmart and Goodwill Industries. Area demographics include a population of 54,725 within five miles earning $96,770 as the median household income. For more information, contact Gene Cowell or John Koonce, York Properties, Inc.; 919-645-2772/2765; Emails: genecowell@yorkproperties.com and johnkoonce@yorkproperties.com; Web site: www.yorkproperties.com. Lincoln Harris is preleasing the second phase of Patterson Place, a mixed-use center located at the intersection of U.S. Highway 15-501 and Interstate 40 in Durham, NC. Space is available. Cotenants include AT&T Mobility, Five Guys Famous Burgers and Fries, Moe’s Southwest Grill and Applebee’s. Area retail includes Barnes & Noble, Dick’s Sporting Goods, Old Navy, Marshalls, Michaels, Walmart, Best Buy, OfficeMax, Home Depot, Kohl’s, Bed Bath & Beyond, Kroger, Total Wine & More, PetSmart, DSW and A.C. Moore. Area demographics include a population of 341,724 within 10 miles earning $57,692 as the median household income. The average daily traffic count is 44,000 vehicles. For more information, contact Matt Larson or James Mattox, Lincoln Harris; 919-6456964/6966; Emails: mlarson@lincolnharris.com and jmattox@lincolnharris.com; Web site: www.lincolnharris.com. page 8

May 13, 2011

The

Hunter & Associates is preleasing East 54, a 55,000 sq.ft. mixed-use development located along NC Highway 54 in Chapel Hill, NC. Cotenants include Street’s Deli, Street’s Pub, Deluxe Cleaners, Chocolaterie Stam, Fab’rik, Hadley Emerson, Neo Nails, Charles Schwab, Kerr Drug, Archira, Studio E54, Citrine Salon and Saffron. Area demographics include a population of 112,809 within five miles earning $81,696 as the average household income. The average daily traffic count is 46,000 vehicles. For more information, contact David Stowe or Carson Hilliard, Hunter & Associates; 919-821-8023 Ext. 205/212; Emails: dstowe@hunterandassoc.com and chilliard@hunterandassoc.com; Web site: www.hunterandassoc.com. Lockehouse Retail Group, Inc. is preleasing a 2,000 sq.ft. building located at the intersection of South El Camino Real and 20th Avenue in San Mateo, CA. Area retail includes Jo-Ann Fabrics, Taco Bell and Men’s Wearhouse. The average daily traffic count is 44,000 vehicles. For more information, contact Steve Cutter, Lockehouse Retail Group, Inc., 433 Airport Boulevard, Suite 426, Burlingame, CA 94010; 650-692-3400, Fax 650-6923407; Email: scutter@lockehouse.com; Web site: www.lockehouse.com. Regency Centers is redeveloping Granada Village, a 225,000 sq.ft. neighborhood shopping center located in the San Fernando Valley area of CA. The center will be converted into a regional project with the addition of new retailers and amenities and a redesigned façade. T.J. Maxx anchors the center and cotenants include Rite Aid, Stein Mart, Sally Beauty Supply, The UPS Store, H&R Block, Burger King, RadioShack and a future Sprouts Farmers Market. The project is slated for completion during spring of next year. For more information, contact Eric Li, Regency Centers; 213-553-2278; Web site: www.regencycenters.com. SRS Real Estate Partners is preleasing a divisible 4,184 sq.ft. freestanding building with a drive-thru at a center located along Newark Boulevard in Newark, CA. CVS and Mi Pueblo anchor the center. Area demographics include a population of 270,768 within five miles earning $90,541 as the median household income. The average daily traffic count is 21,450 vehicles. The asking monthly rent is $4 psf. The building is slated to open during the fall. For more information, contact Robert G. Quigley, SRS Real Estate Partners, 2391 The Alameda, Suite 201, Santa Clara, CA 95050; 408-553-6135; Email: bob.quigley@srsre.com; Web site: www.srsre.com.

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Cornish & Carey Commercial Newmark Knight Frank is preleasing The Block, a 309,475 sq.ft. project located within Pacific Commons, an 8.3-million sq.ft. power center situated on 400 acres at the intersection of Interstate 880 and Auto Mall Parkway in Fremont, CA. Target and Century Theatres will anchor the project. Anchor, junior anchor, shop and restaurant spaces are available. Area retail includes Kohl’s, Lowe’s Home Improvement, Costco, Nordstrom Rack, Babies “R” Us/Toys “R” Us, Old Navy, DSW, Party City, Basset Furniture, Staples, Jo-Ann Fabrics, Any Mountain, P.F. Chang’s, Applebee’s, Five Guys Famous Burgers and Fries and Prolific Oven. The project is slated to open during spring of next year. The company is also preleasing Almaden Ranch, a 380,000 sq.ft. power center project located at the intersection of Highway 85 and Almaden Expressway in San Jose, CA. Anchor, restaurant and shop spaces are available along with pad sites. Area retail includes Safeway, Marshalls, JoAnn Fabrics, Best Buy, Macy’s, Target, Sears, Nordstrom Rack, Black Angus Steakhouse, Pier 1 Imports, Toys “R” Us, Chili’s, Red Lobster, Chevy’s, Bed Bath & Beyond, buybuy Baby, Ross Dress for Less, Costco, Trader Joe’s, Tilly’s, T.J. Maxx and Whole Foods Market. Area demographics include a population of 460,758 within five miles earning $110,398 as the average household income. The average daily traffic count is 171,000 vehicles. The project is slated to open during the fourth quarter of this year or the first quarter of next year. For more information regarding The Block, contact Sandy Berry, Danielle Bromstead or Lindy Spieker, Cornish & Carey Commercial Newmark Knight Frank, 2804 Mission College Boulevard, Suite 120, Santa Clara, CA 95054; 408-982-8474/8490/ 8426; Emails: sberry@ccareynkf.com, dbromstead@ccareynkf.com and lspieker@ccareynkf.com; Web site: www.ccareynkf.com. For more information regarding Almaden Ranch, contact Jim Randolph, Jake Randolph or Matt Sweeney; 408-727-9600 or 408-987-4194/4119, Fax 408-988-6340; Emails: jrandolph@ccareynkf.com, jakerandolph@ccareynkf.com and D M msweeney@ccareynkf.com.

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Buyers and Sellers (continued from page six)

Marcus & Millichap Real Estate Investment Services is selling a CVS located in Knox, IN. The tenant is bound to a lease set to expire during 2024. The asking price is $2.481 million with a Cap rate of 8.25%. The company is also selling the ground lease of a 25,644 sq.ft. BP gas station and convenience store situated on 0.589 acres in Fairlawn, OH. The lease has seven years remaining on the term. Area demographics include a population within one mile earning $111,138 as the average household income. The average daily traffic count is 77,400 vehicles. The asking price is $581,500 with a Cap rate of 7.25%. The company is also selling the 20-year ground lease to a 16,558 sq.ft. Checkers situated on 0.38 acres along Highway 138 Southeast in Conyers, GA. The lease is set to expire during 2031 and features two, five-year options and rent escalations at each option along with a 20% rent escalation during 2020. The average daily traffic count is over 46,000 vehicles. The asking price is $910,433 with a Cap rate of 7.25%. The company also negotiated the sale of Buffalo Valley Shopping Center, a 73,542 sq.ft. neighborhood shopping center located along East Chestnut Street/Route 45 in Mifflinburg, PA. At the time of sale, the center was 88% occupied. A private entity acquired the property for $2.83 million with a Cap rate of 10.25%. The company represented the seller in the transaction. The company is also selling a 10,908 sq.ft. Rite Aid located in Liverpool, NY. Area demographics include a population of 76,000 within five miles. The asking price is $1.95 million with a Cap rate of 10.61%. The company also negotiated the sale of a 14,485 sq.ft. freestanding Walgreens located along North Berlin Road in Lindenwold, NJ. At the time of sale, the tenant was bound to a 25-year NNN lease. The property was acquired for $6.835 million at a Cap rate of 6.78%. The company represented both the buyer and seller in the transaction. The company is also selling a 2,364 sq.ft. freestanding Taco Bell located off Interstate 70 in Terre Haute, IN. The tenant is bound to a lease featuring annual rent escalations of 2%. Area retail includes McDonald’s, Burger King, Wendy’s, Kroger and Walgreens. Area demographics include a population of 70,000 within five miles. The asking price is $2.234 million with a Cap rate of 8.16%. For more information regarding the Knox and Terre Haute properties, contact Brian Southworth, Marcus and Millichap Real Estate Investment Services; 317-218-5320, Email: bsouthworth@marcusmillichap.com; Web site: www.marcusmillichap.com. For more information regarding the Fairlawn property, page 10

May 13, 2011

The

contact John H. Talbot, 216-264-2033; Email: john.talbot@marcusmillchap.com. For more information regarding the Conyers property, contact Adam Wells, 5201 Blue Lagoon Drive, Suite 100, Miami, FL 33126; 786-522-7052, Fax 786-522-7010; Email: adam.wells@marcusmillichap.com. For more information regarding the Mifflinburg property, contact Derrick J. Dougherty, Mark Taylor or Dean Zang; 1628 JFK Boulevard, Suite 1200, Philadelphia, PA 19103; 215-5317000 Ext. 7026, Fax 215-531-7010; Email: derrick.dougherty@marcusmillichap.com. For more information regarding the Liverpool property, contact David N. Gaines or Alex R. Blagojevich, 333 West Wacker Drive, Suite 200, Chicago, IL 60606; 312-327-5400. For more information regarding the Lindenwold property, contact Brad Nathanson or Michael Fasano; 215-531-7000, Fax 215-531-7010. Quantum Real Estate Advisors is selling a 10,836 sq.ft. CVS situated on a land area of 61,186 sq.ft. along East Roosevelt Road in Wheaton, IL. The tenant is bound to a 25year NNN lease commenced during 2005. The average daily traffic count is 50,000 vehicles. The company is also selling a 14,820 sq.ft. CVS situated on a land area of 61,184 sq.ft. along South Northwest Highway in Barrington, IL. The tenant is bound to a 25-year NNN lease commenced during 2005. Area demographics include a population within three miles earning more than $170,000 as the average household income. The average daily traffic count is 47,000 vehicles. For more information, contact Jordan J. Kaufman, Quantum Real Estate Advisors, 216 West Jackson Boulevard, Suite 645, Chicago, IL 60606; 312-269-9229; Email: jkaufman@qreadvisors.com; Web site: www.qreadvisors.com. Citivest Realty Services, Inc., on behalf of a client, is looking to acquire 1031-ready commercial properties nationwide, including neighborhood, community and power centers as well as office, multifamily, industrial and storage properties. For more information, contact Jorge Inzunza, Citivest Realty Services, Inc., 1600 North Broadway, Suite 100, Santa Ana, CA 92706; 909-433-1920; Email: jorgeinzunza2004@hotmail.com. Londregan Commercial Real Estate Group is looking to acquire parcels at least six acres of land in southeastern CT for a retail development. For more information, contact Timothy Londregan, Londregan Commercial Real Estate Group; 860-388-9100 Ext. 1; Email: tim@londregan.com.

Dealmakers

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Net Leased Investment Co. is selling a 6,400 sq.ft. strip center situated on 0.84 acres along East Colonial Drive in Orlando, FL. Tenants include Amscot Financial, Quiznos and Papa John’s. Amscot is bound to a 15year NN lease commenced during 2006 featuring 6% rental escalations every five years, Quiznos is bound to a 10-year NN lease commenced during 2007 featuring a 10% rent escalation during the fifth year, and Papa John’s is bound to a five-year NN lease commenced during 2007 featuring annual rent escalations of 3%. The average daily traffic count is over 46,000 vehicles. The NOI is $240,461. The asking price is $2.915 million with a Cap rate of 8.25%. For more information, contact Bob Fraser or Scott Austin, Net Leased Investment Co., PO Box 210783, West Palm Beach, FL 33421; 561-629-5831, Fax 561-290-1129; Web site: www.netleased.com. EXP Realty Advisors is selling three singletenant buildings totaling 28,148 sq.ft. on 4.16 acres in Roseville, MN. The buildings are tenanted by M&I Bank, Starbucks and Golfsmith, with the tenants bound to net leases. Area retail includes The Sports Authority, SuperTarget, Macy’s, Marshalls, Staples, Cub Foods, Babies “R” Us, OfficeMax, REI, Pier 1 Imports, Best Buy, Dick’s Sporting Goods, Kohl’s and JoAnn Fabrics. Area demographics include a population of 310,000 within five miles. The average daily traffic count is 73,000 vehicles. The asking price is $5.402 million with a Cap rate of 7.75%. For more information, contact EXP Realty Advisors; 212-972-7457; Email: exp@exp1031.com; Web site: www.exp1031.com. Maxim Commercial Real Estate, LLC is selling a 6,672 sq.ft. multi-tenant freestanding building situated on a land area of 15,000 sq.ft. along U.S. Highway 41 in Port Charlotte, FL. The average daily traffic count is 50,000 vehicles. The asking price is $595,000. For more information, contact Pete Walsh, Maxim Commercial Real Estate, LLC, 6025 Taylor Road, Unit 107, Punta Gorda, FL 33950; 941-621-2202 Ext. 102, Fax 941621-2904; Email: pwalsh@maximre.com. Tri-Oak Consulting Group negotiated the $24.788 million sale of a portfolio of 13 Bojangles restaurants located throughout Atlanta, GA; NC and SC. For more information, contact Thomas Cotton, Tri-Oak Consulting Group, 2920 Marietta Highway, Suite 126, Canton, GA 30114; 678-880-3270, Fax 678-807-1927; D Email: thomas@tri-oak.com. M


tter

bu & d a e Br

Eggs too

food Pick up chinese g + dry cleanin AAA batteries dog food Call in scotch tape prescription Sport socks Birthday card for Mom

Everyday Needs = Good Business There’s nothing fancy about everyday shopping needs: picking up dry cleaning in the morning, grabbing pizza for lunch, shopping after work for a new DVD, take-out food, sweat socks, shampoo or even bread and butter. Everyday necessity shopping drives daily customer traffic to the retail, food and “big box” stores at Cedar’s Bread & Butter Shopping Centers®. Our tenants have long-term leases that generate predictable cash flow and our strong balance Cedar Shopping Centers, Inc. sheet permits us to take advantage of attractive Developers, Owners and Managers of acquisition and redevelopment opportunities. Bread & Butter Shopping Centers® Centers that serve everyday shopping needs is our formula for good business.

www.cedarshoppingcenters.com


Who’s Opening and Where Five Below, Inc. (215-546-7909) plans to open 50 Five Below locations nationwide this year, including an opening in MD slated for the summer. The company recently opened a 7,500 sq.ft. store at West Plaza Shopping Center, located along Baltimore National Pike in Catonsville, MD, and a 7,500 sq.ft. store at Park Plaza, located along Governor Ritchie Highway in Severna Park, MD. The company currently operates more than 140 locations nationwide throughout 13 states. The stores offer merchandise aimed at teens and preteens and priced between $1 and $5, including fashion accessories, DVDs, video games and accessories, sport and workout gear, games and toys, cosmetics, school supplies, crafts and seasonal items. Gordon Food Service (800-968-6525) plans to open a GFS Marketplace along South Miller Park Way in West Milwaukee, WI. The store is slated to open during the fall and will be the company’s first in the Milwaukee area. The company recently opened its first location in the state and also plans to open a store in Racine, WI next month. The company also expects to open additional stores throughout Milwaukee in the future, and currently operates 142 locations throughout FL, IL, IN, KY, OH, PA, TN and WI. Sheetz, Inc. (814-946-3611) plans to open a Sheetz convenience store on part of the site of a former Chi-Chi’s along MacCorkle Avenue in Kanawha City, WV. The company also plans to open a location along Mt. Vernon Road in Putnam County, WV, and recently opened stores in Milton and Hurricane, WV. The company is in the approval phase for both potential locations. California Pizza Kitchen, Inc. (310-3425000) will open a 6,000 sq.ft. California Pizza Kitchen restaurant at Stoneridge Shopping Center, located in Pleasanton, CA. The restaurant is slated to open during the summer and will join P.F Chang’s, The Cheesecake Factory, Love Culture, Color Me Mine and Champs Sports at the center. The restaurant will feature patio seating, a full bar and an exhibition pizza oven. Trader Joe’s Co. (626-599-3700) plans to open a Trader Joe’s supermarket in a former Circuit City along Mickelberry Road Northwest in Silverdale, WA. The store is currently under construction with an opening projected for the summer. The company is also in the approval phase of opening a 14,200 sq.ft. location in West Seattle, WA, and also plans to open a supermarket in Spokane, WA. The company currently operates 16 locations throughout the state. page 12

May 13, 2011

The

Meijer, Inc. (616-453-6711) will open a 192,000 sq.ft. Meijer store in Stevensville, MI and a small-format location in the Melrose Park area of Chicago, IL. Both stores are slated to open this year. The company also plans to remodel 10 existing stores throughout MI and OH, including locations in Benton Harbor, Mason, Washington Township, Livonia, Plainwell, Lowell, Grandville and Madison Heights, MI and in Columbus and Orange Township, OH. The remodeling will include enhancements to lighting, heating, refrigeration and parking lot maintenance. The company currently operates 195 locations throughout IL, IN, KY, MI and OH. Saladworks, LLC (610-825-3080) plans to open 14 Saladworks restaurants throughout Orange County, CA. The company also, through a franchisee, plans to open five locations throughout MD during the coming two years. Planned openings include a restaurant in Annapolis slated to open during late summer. The openings will be the company’s first in the state. The company recently opened a location along East 17th Street in Costa Mesa, CA during April, and currently operates more than 100 franchised restaurants, offering salads, soups and sandwiches, throughout 12 states nationwide. Charley’s Grilled Subs (614-923-4700) plans to open five Charley’s Philly Steaks restaurants throughout central OH, having opened its first in the concept in Chillicothe, OH during April. The stores will be located in second-generation spaces and will feature drive-thrus. The company currently operates more than 400 Charley’s Grilled Subs locations, offering beef, chicken and deli sandwiches, nationwide throughout 44 states and internationally, and plans to operate 3,000 locations across both concepts within the coming nine years. Toys “R” Us, Inc. (973-617-3500) plans to open a 46,827 sq.ft. Toys “R” Us/Babies “R” Us hybrid store at Indio Towne Center, located at the intersection of Jackson Street and Avenue 42 in Indio, CA. The store will replace an existing location in Palm Desert, CA and is slated to open during the fall, joining Home Depot, WinCo Foods, Petco, 24 Hour Fitness and CVS at the center. Best Buy Co., Inc. (612-291-1000) will open 150 Best Buy Mobile stores, featuring mobile devices such as tablet computers and smartphones, nationwide by year’s end. The company currently operates 175 of the smaller-format stores nationwide.

Dealmakers

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Dick’s Sporting Goods, Inc. (724-273-3400) plans to open a 36,000 sq.ft. Dick’s Sporting Goods store at Prefumo Creek Commons, a project under development on 16 acres along Los Osos Valley Road in San Luis Obispo, CA. The project is slated to open during July, with the Dick’s location projected to open during April or May of next year. AT&T Mobility and Olive Garden also plan to open stores at the center during September and early next year, respectively. The retailers will join Target and Mac Superstore, which are slated to open during July. The company currently operates 444 sporting goods stores nationwide throughout 42 states. Cinemark Holdings, Inc. (972-665-1000) will open a 12-screen Cinemark movie theater at McCandless Crossing, a mixed-use project situated on 130 acres along McKnight Road in McCandless, PA. The theater will feature stadium seating and digital projection. Construction on the project is slated to begin during the summer. LA Fitness will also open an anchor location at the project. The retailers will join Lowe’s Home Improvement and Fidelity Bank at the center. Menard, Inc. (715-876-5911) plans to open a two-story Menards home improvement store on 13 acres along U.S. Highway 41 in Schererville, IN. The store would replace an existing location. The company also plans to open a 200,000 sq.ft. store on 16.5 acres at Sand Creek Town Center, a 200-acre project located along 35th Avenue West in Williston, ND. Construction on the store is slated to begin during the summer, with an opening projected for next year. The store will be the first business to open in the initial 100-acre phase of the project. HOM Furniture (763-767-3600) plans to open as many as six HOM Sleep Express stores throughout the greater Minneapolis-St. Paul, MN area during the coming 12 months. The stores will be approximately 4,000 sq.ft. in size and will offer Tempur-pedic and Serta bedding products. The company currently operates Sleep Express shops within six fullline HOM Furniture stores, and also trades as Dock 86 and Gabberts Design Studio & Fine Furniture. Big Y Foods, Inc. (413-784-0600) plans to open a 56,800 sq.ft. Big Y Supermarket at the site of a former Franklin Buffet restaurant along Route 140 in Franklin, MA. Construction on the project is slated to begin during the summer with an opening projected for spring of next year. The company currently operates 58 locations throughout CT and MA. (continued on page fourteen)



Who’s Opening and Where (continued from page twelve)

Saker ShopRites, Inc. (732-462-4700) plans to open a ShopRite at Dover Mall, located in Toms River, NJ. The supermarket is slated to open during October. The company currently operates 27 locations throughout central NJ. Pep Boys – Manny, Moe & Jack (215-4309000) plans to open 50 Service & Tire Centers and five Supercenter locations this year, having opened 28 Service & Tire stores and seven Supercenters during 2010. The company currently operates more than 620 locations nationwide throughout 35 states and Puerto Rico.

Apple, Inc. (408-996-1010) plans to open an Apple store at Fashion Place Mall, located along South State Street in Murray, UT. The store will be the company’s second in the state. The company operates more than 320 locations throughout 11 countries worldwide. Whole Foods Market, Inc. (512-477-4455) is scouting for a potential location in the Midtown area of Detroit, MI. The chain of specialty supermarkets currently operates 270 locations nationwide and throughout the United Kingdom, including five stores throughout southeastern MI.

ROCK SOLID &

GROWING STRONG ✓ ✓ ✓ ✓

GROWING STRONG… Over 4,700 stores, and we open more every week STORES THAT ARE 100% COMPANY OWNED AND OPERATED… No franchises FINANCIALLY DISCIPLINED… We make the right decisions to protect our shareholders RELIABLE… Whether purchase money or rent, our funds will be there…on time, every time AutoZone, a publicly-traded Fortune 500 company, is the #1 auto parts retailer in America. We have over 4,450 stores in 48 U.S. states plus the District of Columbia & Puerto Rico and over 260 stores in Mexico.

SITE CRITERIA Stores typically range from 6,500 square feet to 8,000 square feet Must accommodate between 25 and 40 uncongested, customer-friendly parking spaces We require up-front, high-impact locations with excellent visibility & access from adjacent streets Land purchases (preferred), existing building leases, and ground leases are all considered

STORE DEVELOPMENT DEPT. • P.O. BOX 2198 • MEMPHIS, TN 38101 • FAX: 901.495.8969 ©2011 AutoZone, Inc. All Rights Reserved. AutoZone and design are registered marks of AutoZone Parts, Inc.

page 14

May 13, 2011

The

Dealmakers

Home Depot, Inc. (770-433-8211) will open a 60,000 sq.ft. Home Depot store on the site of a former Kmart located along Tamiami Trail in Sarasota County, FL. Construction on the project is slated to begin later this year with an opening projected for early next year. The company currently operates home improvement stores nationwide and throughout Canada and Mexico. Tasti D-Lite, LLC (615-550-3012), through a franchisee, will open a 1,400 sq.ft. Tasti D-Lite frozen yogurt shop between State Road 9A and Kernan Boulevard in Jacksonville, FL. The store is slated to open during the summer and will be the company’s first in northern FL. The company also plans to open a location in Sunny Isles Beach, FL, and currently operates 44 units nationwide throughout 11 states and internationally, including four in FL.

www.autozonerealestate.com • • • •

Wal-Mart Stores, Inc. (479-273-4000) is scouting potential locations for a Walmart Supercenter in Camilla, GA. The store will be smaller than a typical Supercenter location and will feature grocery and deli departments. The company plans to begin construction on the Camilla location late next year. The company also plans to open a 155,000 sq.ft. store on 18.5 acres near the intersection of Luther Road and Highway 49 in North Auburn, CA. The company may also open a 40,000 sq.ft. Walmart Neighborhood Market on part of the site of a vacant former Walmart location along Highway 164 in Waukesha, WI. The company currently operates 183 Neighborhood Market locations nationwide, offering a smaller amount of merchandise than Supercenter locations, with a focus on groceries, pharmaceuticals and general merchandise.

www.dealmakers.net

Thomasville Furniture (336-472-4000) plans to open a 12,000 sq.ft. store in Chicago, IL. The company opened an 11,000 sq.ft. store in Dallas, TX during April and a 16,000 sq.ft. location in Lincoln Park, IL this month. The stores are the company’s first new openings in more than two years. The Chicago location is slated to open during July, and will be the company’s fourth in the Chicago area. The company currently operates 117 locations, including 48 company-owned units, nationwide. Skechers USA, Inc. (310-318-3100) will open a Skechers shoe store at Mayfair Mall, located in Wauwatosa, WI. The store will be the company’s first full-price shoe store in the state, is slated to open during late summer and will join Buckle at the center. (continued on page sixteen)


Visit us at 2011 iCsC RECon — C187 H stREEt

welco represents‌

914-576-7500 | jwelkis@welcorealty.com For a complete listing of our retail properties in New York, New Jersey, Pennsylvania & Connecticut, please visit our website at www.welcorealty.com


Who’s Opening and Where (continued from page fourteen)

K-VA-T Foods (276-628-5503) plans to open a 60,000 sq.ft. Food City grocery store on 9.1 acres along Euclid Avenue in Little Creek, VA. The store will replace an existing, smaller location at Euclid Avenue Shopping Center, located along Euclid Avenue in Bristol, VA. The store will be the company’s 107th location and will feature a cooking demonstration kitchen, gasoline facilities and a drive-thru pharmacy. Construction on the project is slated to begin later this year with an opening projected for early November. Tractor Supply Co., Inc. (615-366-4600) will open a Tractor Supply Co. store along North Street in Houlton, ME. The store will be the company’s second in Aroostook County, ME and is slated to open by late summer. The company currently operates more than 1,000 locations nationwide, including stores in Augusta, Bangor, Brunswick, Lewiston, Oxford, Sanford, Scarborough, Skowhegan and Wilton, ME. Lowe’s Cos., Inc. (704-758-1000) plans to open between 25 and 30 Lowe’s Home Improvement stores this year.

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May 13, 2011

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Marimekko (+358 9 758 71) plans to open a 4,000 sq.ft. flagship store in the Flatiron District of Manhattan, NY. The store will feature housewares and apparel and is slated to open during the fall. The company also plans to open 20 Marimekko-branded shops within Crate & Barrel locations during the coming three years, having opened its first in the SoHo area of New York, NY last year. Jo-Ann Stores, Inc. (330-656-2600) will open a 20,284 sq.ft. Jo-Ann Fabrics store in a former Linens ‘N Things at Lancaster Mall, located along Lancaster Drive Northeast in Salem, OR. The store will replace two existing locations along Commercial Street Southeast and at Oak Park Plaza along Lancaster Drive Northeast in the city, and is slated to open during early July. The company currently operates more than 750 stores nationwide throughout 48 states. O’Reilly Automotive, Inc. (417-862-3333) plans to open an O’Reilly Auto Parts store along Vine Street in Hays, KS. The store is slated to open during the summer. The company currently operates 3,570 stores nationwide.

Dealmakers

www.dealmakers.net

Academy Sports & Outdoors (888-922-2336) will open a 76,000 sq.ft. Academy Sports Supercenter at The Ridge at Turtle Creek, a center under development on 13.4 acres along U.S. Highway 98 West in Hattiesburg, MS. The store will anchor the project. Cheddar’s Casual Café and Heritage Bank also plan to open locations at the center. Construction on the center is slated for completion during late August with an opening projected for before the holiday season. Bass Pro Shops, Inc. (417-873-5000) may open a Bass Pro Shops store in a mixeduse project planned at the site of a former power plant located along Market Street in New Orleans, LA. The store would anchor the project. IHOP Corp. (818-240-6055) plans to open an IHOP restaurant at the intersection of Lexington Avenue and 125th Street in East Harlem, NY, as part of a plan to open 24 locations throughout Manhattan, NY. The restaurant will be the company’s second in the city and is slated to open during the fourth quarter of this year. The company currently operates more than 1,500 locations nationwide and internationally. DM


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• Kingston, NY – Ulster Avenue (Route 9W)

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• Mamaroneck, NY – Boston Post Rd. (Route 1) – Seaport Plaza

• Yonkers, NY – Main Street – New Construction at Waterfront

• Middletown, NY – Route 211 – H&K Furniture Plaza – FOR LEASE/SALE

• Voorhees, NJ – Route 73 & Cooper Rd. – Cooper Plaza

3,000 - 60,000 SF Avail. Shopping Center redevelopment.

2,000 – 8,000 SF & 5,224 Restaurant Avail. Join Shop Rite, K-Mart, Key Bank.

7,000 SF Restaurant Avail. 50 Car Parking.

3,800 – 10,000 SF Avail. 45K cars per day. Join Dollar General & Quiznos.

2,560 SF Avail. Free Standing Building with Drive-Thru. Newly Developed.

2 Free Standing Pad Sites with Drive-thru. Up to 15,000 SF Avail.

900-2,500 SF Avail. Join Subway & The UPS Store. High Traffic/Visibility. 1,875 & 43,000 SF Avail. Join Aldi, Cosmo Prof & Sherwin-Williams.

• Monroe, NY – Route 17M – Monroe Plaza

2,500 – 50,000 SF Avail. Join Stop & Shop, Radio Shack, Rite Aid & McDonald’s.

• Nanuet, NY – Route 59 – Rockland Center

3,300 – 50,000 SF Avail. Join Pathmark, Office Depot, PetSmart, AC Moore, Five Guys, Chili’s & HomeGoods. High Traffic/Visibility.

• Newburgh, NY – Route 300 – Newburgh Towne Center

1,400 SF Avail. Join Stop & Shop, Marshall’s, Dress Barn & Dollar Tree.

• Pawling, NY – Route 22 – Pawling Park

1,800 – 6,500 Avail. New Shopping Center. Drive-thru possible. Join Dollar General.

• Peekskill, NY – Route 6 – Main Street Commons

1,000 – 15,000 SF Avail. New Construction. Join Auto Zone.

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2,500 SF Avail Join Cold Stone, Walk to Movie Theater and Train Station.

• Port Chester, NY – Westchester Ave. – Waterfront at Port Chester

4,700 SF Sublease. Food OK. Join Stop & Shop & Bed Bath & Beyond.

• Poughkeepsie, NY – Route 9 – South Road Square

2,425 SF Available Join AutoZone, AT&T, Gamestop, Subway & Casual Male.

• Rye, NY – 100 Purchase Street

1,925 SF Free Standing Bldg Avail. In the heart of Rye, Opposite Train Station.

• Tappan, NY – Route 303

870 – 4,300 SF Avail. Join Subway, Wendy’s. High Traffic.

• Thornwood, NY – Columbus Ave. – Rosehill Shopping Center

1,150 SF Avail. Join A&P, CVS, Verizon, Chase, Radio Shack & Hallmark.

For lease Tarrytown, Ossining, Peekskill, Portchester, Ardsley.

2 Acre Parcel opposite Stop& Shop at Signaled Intersection.

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• Horsham, PA – Blair Mill Rd. – Village Mall

22,000 – 128,000 SF Avail. Join ACME, Dollar Tree & Rite Aid.

• Perkasie, PA – Constitution Ave. – Perkasie Shopping Center

1,200 – 10,000 SF Avail. Join Landis Supermarket, Rite Aid & McDonald’s.

• Brandford, CT – Branhaven Plaza

3,675 SF (divisible) Avail. Join Kohl’s, Big Y, Children’s Place, Justice, Dots, Payless, Olympia Sports, Radio Shack, and GNC. High Traffic Center.

• Derby, CT – Pershing Drive – ShopRite Plaza

4,000 – 10,000 SF Avail. Join ShopRite, Petland, Pay-Half & Advance Auto Parts.

• Newington, CT – Berlin Tpke. – JoAnn’s Plaza

1,500 SF Avail. Join JoAnn’s, Big Lots, Modell’s, Planet Fitness & T-Mobile.

• Norwalk, CT – Route 1 – ShopRite Plaza

1,200 – 20,000 SF Avail. Join ShopRite, Barnes & Noble, GameStop & UPS.

• Norwalk, CT – 607 Main Ave. (Route 7) – Center Seven 1,400 – 4,300 SF Avail. Join Starbucks, Quiznos & Citibank.

• Norwalk, CT – 652 Main Ave. (Route 7) – Wal-Mart Center

3,200 – 7,000 SF Avail. Join Wal-Mart, Staples, Hallmark & Bank of America.

• Orange, CT – Firelite Shopping Center – Retail Space 800 – 4,000 SF Avail.

• Orange, CT – 250 Indian River Road

19,000 SF Free Standing Bldg Avail 21 FT ceiling and 92 parking spaces.

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2,000 – 4,000 SF Avail. Join Shop Rite, Dunkin’ Donuts & Subway.

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Representing retailers in select regions...

850 Bronx River Road • Bronxville, NY 10708 • (t) 914-237-3403 • (f) 914-237-0196

www.RoyalPropertiesInc.com


Food Retailers Expand Nationwide Financier Patisserie operates seven locations throughout NY. The shops, offering pastries and coffee, occupy spaces of 500 sq.ft. to 2,500 sq.ft. in kiosks, residential areas and corner locations in urban/downtown areas. Plans call for more than five openings throughout Manhattan, NY during the coming 18 months, with representation by Winick Realty Group. Major competitors include Starbucks, Dunkin’ Donuts and Bouchon Bakery. The company prefers high-traffic areas in business districts and residential neighborhoods. For more information, contact Darrell Rubens, Winick Realty Group, 655 3rd Avenue, 8th Floor, New York, NY 10017; 212-792-2616, Fax 212-792-2660; Email: rubens@winick.com; Web site: www.winick.com. Coast To Coast Commercial, LLC trades as Sonic Drive-In at five locations throughout Orange and Los Angeles counties in CA. The fast food restaurants occupy spaces of 1,500 sq.ft. to 1,800 sq.ft. in freestanding locations and pad sites of shopping centers. Plans call for four openings throughout the existing market during the coming 18 months. A land area of 30,000 sq.ft. is required. Preferred demographics include a population of

Al Copeland Investments trades as Copeland’s of New Orleans at 21 locations and as Copeland’s Cheesecake Bistro at five locations throughout AR, FL, GA, LA, MD, OK, TN and TX. The restaurants occupy spaces of 6,100 sq.ft. to 6,500 sq.ft. for Copeland’s of New Orleans locations and of 7,000 sq.ft. to 8,000 sq.ft. for Cheesecake Bistro locations in freestanding buildings, malls, lifestyle centers and conversions. Plans call for four to six openings throughout the midwestern and southeastern regions of the U.S. during the coming 18 months. Typical leases run 10 years with four, fiveyear options. Specific improvements are preferred. Major competitors include The Cheesecake Factory, Houston’s and P.F. Chang’s. Preferred demographics include a population above 100,000 within three miles earning $75,000 as the average household income. The company is franchising the Copeland’s New Orleans concept. For more information, contact Andy Gunkler, Al Copeland Investments, 1001 Harimaw Court, Metairie, LA 70001; 504-830-1000, Fax 504-620-3744; Email: agunkler@alcopeland.com; Web site: www.alcopeland.com.

25,000 within 1.5 miles earning $40,000 as the median household income. A patio dining area, drive-in stalls and a drive-thru are required, and the company prefers to locate in areas with high visibility and an average daily traffic count of 45,000 vehicles. The company will only acquire sites. For more information, contact Brandon Wesselink or Devon Wesselink, Coast to Coast Commercial, LLC, 26400 La Alameda, Suite 210, Mission Viejo, CA 92691; 949680-4302/4303, Fax 949-680-4300; Emails: brandon@coast2coastcommercial.com and devon@coast2coastcommercial.com; Web sites: www.sonicdrivein.com and www.coast2coastcommercial.com. Mel’s Drive-In operates seven locations throughout CA. The diners occupy spaces of 2,000 sq.ft. to 5,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout southern and San Francisco, CA, as well as Las Vegas, NV and internationally, during the coming 18 months. For more information, contact Steven Weiss, Mel’s Drive-In, 8585 Sunset Boulevard, Hollywood, CA 90069; 310-413-9009, Fax 310919-3065; Email: melsdrivein1@yahoo.com; Web site: www.melsdrive-in.com.

(continued on page twenty-two)

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Food Retailers Expand Nationwide (continued from page eighteen)

The Habit Burger Grill operates 42 locations throughout AZ and CA. The restaurants, offering burgers, sandwiches and salads, occupy spaces of 1,750 sq.ft. to 2,000 sq.ft. in endcaps of shopping centers. Growth opportunities are sought throughout Kern and Ventura counties, as well as the Antelope Valley area of CA, during the coming 18 months, with representation by Crissman Commercial Services. Preferred trade-area demographics include a daytime population above 10,000 and a residential population of 20,000 earning $40,000 as the median household income. Qdoba Mexican

Retail Office Medical Mixed-Use Multi Family

Grill operates more than 500 locations nationwide. The Mexican restaurants occupy spaces of 1,800 sq.ft. to 2,400 sq.ft. in endcaps of shopping centers. Growth opportunities are sought throughout Los Angeles, Orange, Riverside, San Bernardino and Ventura counties in CA during the coming 18 months, with representation by Crissman Commercial Services. Preferred trade-area demographics include a daytime population above 10,000 and a residential population of 15,000 earning $40,000 as the average household income. Tutti Frutti Frozen Yogurt operates 100 locations nationwide and internationally. The frozen

Experience. Strength. Stability.

Smoothie King Franchises, Inc. trades as Smoothie King at 615 locations nationwide, excluding the northwestern region. The shops, offering smoothies and healthy food items, occupy spaces of 1,200 sq.ft. in freestanding locations, malls, urban/ downtown areas and entertainment, lifestyle, power, specialty and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years. The company prefers sites with a drive-thru, and is franchising. For more information, contact Richard Leveille, Smoothie King Franchises, Inc., 121 Park Place, Covington, LA 70433; 985-635-6973, Fax 985-635-6987; Email: rleveille@smoothieking.com; Web site: www.smoothieking.com.

For more than 20 years, Cullinan Properties, Ltd. has been the premiere provider of commercial and mixeduse real estate services. We’ve built our reputation while building relationships. As the market has changed, we’ve adapted but our commitment to excellence remains the same.

Focus Brands trades as Moe’s Southwest Grill at 429 locations nationwide, as well as in Turkey. The fast-casual Southwestern/ Mexican restaurants, offering burritos, tacos, quesadillas, nachos, salads and fajitas, occupy spaces of 2,200 sq.ft. to 2,800 sq.ft. in power centers and urban/downtown areas. Plans call for 65 openings throughout the midwestern, northeastern, southeastern and mid-Atlantic regions of the U.S. during the coming 18 months. Typical leases run 10 years. A vanilla shell and specific improvements are required. Preferred demographics include a population of 30,000 within two miles earning $55,000 as the average household income. Major competitors include Baja Fresh, Chipotle and Qdoba Mexican Grill. Expansion is franchise-driven. For more information, contact Phil Russo, Focus Brands, 200 Glenridge Point Parkway, Suite 200, Atlanta, GA 30342; 330-725-2358, Fax 888-704-4106; Email: prusso@focusbrands.com; Web site: www.moes.com. DM

Our strength comes from experience. We turn real estate into reality, achieving dramatic results in today’s marketplace - successfully developing or redeveloping more than $600 million in real estate projects.

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yogurt shops occupy spaces of 900 sq.ft. to 1,200 sq.ft. in inline spaces and endcaps of shopping centers. Growth opportunities are sought throughout Los Angeles, Orange, Riverside, San Bernardino and Ventura counties in CA during the coming 18 months, with representation by Crissman Commercial Services. Preferred demographics include a population of 35,000 within two miles earning $45,000 as the average household income. For more information, contact Tim Crissman, Crissman Commercial Services, 25031 West Avenue, Stanford Suite 70, Valencia, CA 91355; 661-295-9300; Email: tcrissman@crissmancommercial.com; Web site: www.crissmancommercial.com.

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Supermarket Chains Expand Nationwide (continued from page one)

Bob’s Super Saver, Inc. trades as County Mart at four locations throughout KS. The supermarkets occupy spaces of 30,000 sq.ft. to 65,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. For more information, contact Larry Good, Bob’s Super Saver, Inc., 2020 Main Street, Parson, KS 67357; 913-856-6610. Walter Lagestee, Inc. trades as Walt’s Food Center at seven locations throughout IL and IN. The supermarkets, featuring deli, produce, meat

and bakery departments, as well as a pharmacy, occupy spaces of 45,000 sq.ft. to 55,000 sq.ft. in freestanding locations and strip and value centers. Growth opportunities are sought throughout IL during the coming 18 months. Typical leases run 10 to 20 years. A vanilla shell is required. Preferred cotenants include T.J. Maxx. Preferred demographics include a population of 35,000 sq.ft. within 10 miles earning $65,000 to $75,000 as the average household income. For more information, contact Bob Lagestee, Walter Lagestee, Inc., 330 West Taft Drive, South Holland, IL 60473; 708596-3166, Fax 708-596-0888; Web site: www.waltsfoods.com.

The best of both worlds! Urstadt Biddle Properties Inc. is the dominant grocery-anchored shopping center owner in the Westchester/Fairfield County markets... now with a growing portfolio in Northern NJ. We currently have big box availabilities in:

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Bexar County Markets, Inc. trades as Handy Andy and Diamond W., Ltd. trades as City Markets at 10 locations throughout TX. The supermarkets occupy spaces of 20,000 sq.ft. to 50,000 sq.ft. in downtown areas and strip centers. Growth opportunities are sought throughout central TX during the coming 18 months. For more information, contact Terry Warren, Bexar County Markets, Inc., 1500 South Zarzamora Street, Suite 512, San Antonio, TX 78207; 210-227-8755, Fax 210223-4976. Bristol Farms Markets trades as Bristol Farms at 14 locations throughout southern and San Francisco, CA. The upscale specialty supermarkets, featuring meat, seafood, deli, produce, prepared foods, bakery and floral departments, as well as offering wine and spirits, gift baskets and catering services, occupy spaces of 25,000 sq.ft. to 30,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sough throughout southern CA during the coming 18 months. Typical leases run 15 years. A vanilla shell and tenant improvement allowance are required. Preferred demographics include a population of 200,000 within five miles earning $75,000 as the average household income. For more information, contact Kevin Davis, Bristol Farms Markets, 915 East 230th Street, Carson, CA 90745; 310-233-4700; Email: corporateinfo@bristolfarms.com; Web site: www.bristolfarms.com. Puget Consumers Co-Op trades as PCC Natural Markets at nine locations throughout WA. The natural and organic supermarkets, featuring deli, bakery, produce, seafood, wine and beer, cheese and health and body care departments, as well as offering bulk food items, occupy spaces of 20,000 sq.ft. to 25,000 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the Puget Sound area of western WA during the coming 18 months. Typical leases run 15 to 20 years with options. Major competitors include Whole Foods Market, grocery stores and independent natural food stores. For more information, contact Randy Lee, Puget Consumers Co-Op, 4201 Roosevelt Way Northeast, Seattle, WA 98105; 206-547-1222, Fax 206-545-7131; Email: randy.lee@pccsea.com; Web site: D www.pccnaturalmarkets.com. M

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pro M fes ee (Bo si t w C o to th # onf onal ith dis S ere s a DJ cu 28 nc t th M R ss 9 e i e rea R S n L ICS ealty l e t. i as C R sta n t Ve E te he gas Con op So po ut rtu h H nit al ies l) .

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Exclusives and Leasing Assignments SPL Realty Partners (310-883-7911) represents the following retailers with their expansion plans: CVS, along with area developer LandMark Retail Group, throughout the greater Los Angeles County area, south of U.S. Highway 101, west of Interstate 110, seeking freestanding buildings of 14,576 sq.ft. situated on a land area of at least 40,000 sq.ft., as well as build-to-suits and endcaps of shopping centers; Johnny Was, throughout the western region of the U.S., seeking sites of 1,500 sq.ft. to 2,500 sq.ft. in malls, downtown areas and lifestyle centers, and Casual Male Retail Group, throughout southern CA, seeking sites of 10,000 sq.ft. to 12,000 sq.ft. in freestanding locations and endcaps and inline spaces of shopping centers located within regional retail markets for the company’s Destination XL concept. Katz & Associates (845-735-6666) represents Save-A-Lot with the chain’s expansion throughout central and northern NJ. The supermarkets are seeking spaces of 12,000 sq.ft. to 18,000 sq.ft. in urban areas and strip and community shopping centers. The company prefers sites with a land area of at least two acres for ground-up development, and will also consider retrofits and build-to-suits.

Lee & Associates (760-448-2454) represents Sizzler Restaurants USA with the company’s expansion of its Sizzler Steakhouse concept nationwide, with a focus on the western region. The restaurants are seeking spaces of 5,500 sq.ft. to 7,200 sq.ft. in freestanding locations and power and community shopping centers. The company prefers second-generation spaces and will also consider high-visibility endcap spaces.

CTL Capital, LLC provides financing for investment-grade retail, medical, government and university properties. Loans are available in amounts from $10 million to $450 million for terms of at least 10 years. For more information, contact William Paylor, CTL Capital, LLC, 500 5th Avenue, Suite 4830, New York, NY 10010; 212-7927862/8094; Email: bill@ctlcapital.com; Web site: www.ctlcapital.com.

UCR Realty (210-635-1014) represents franchisees of Texadelphia with their expansion throughout San Antonio, Laredo and the Rio Grande Valley area of TX. The cheesesteak restaurants utilize 1,800 sq.ft. to 2,500 sq.ft. in second-generation restaurant spaces. The company prefers sites located near schools and hospitals in areas with high residential and daytime population and strong visibility.

Corinthian Capital Partners, LLC provides bridge financing for income-producing commercial properties throughout major markets nationwide. Loans are available in amounts above $2 million. For more information, contact Kylie Hatch, Corinthian Capital Partners, LLC; 805-246-7325; Email: kylie@corinthiancapitalpartners.com; Web site: www.corinthianprivatefunding.com.

Goodman Real Estate Services (216-381-8200) represents The TJX Cos. with the company’s expansion throughout northeastern OH. The company also represents Smile Brands, Inc. with the company’s expansion of its Bright Now! Dental concept throughout OH and the surrounding markets. DM

Johnson Capital arranged $12 million in financing for a commercial property located in Los Angeles, CA. The loan featured a twoyear term. The company provides financing for retail, multifamily, office, industrial, hospitality, mixed-use and residential properties, as well as land developments. For more information, contact Cliff Carnes, Johnson Capital, 2603 Main Street, Suite 200, Irvine, CA 92614; 949-660-1999; Email: cliffcarnes@johnsoncapital.com; Web site: www.johnsoncapital.com.

wANTEd Real Estate Investments Throughout North America Net Leased Investment Properties of All Types:

Retail Office • Industrial • Commercial • Buildings 10 to 15 Year Lease Term

to ly. ed ick ar u ep e q Pr os cl

Bob Bassel Bob Bassel Realties, Inc. info@bobbassel.com Office: (514) 871-9414 Princ ipals Fax: (514) 871-9506 Only Cell: (514) 946-9473 1312 St. Catherine St. West Suite 318 Montreal, Quebec, Canada H3G 1P6

page 26

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Sources of Financing

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Cronheim Mortgage arranged $12 million for the refinancing of a 99,100 sq.ft. shopping center located in the Wading River area of Long Island, NY. King Kullen and CVS anchor the center. The loan featured a seven-year term and a 25-year amortization schedule. For more information, contact Andrew Stewart, Cronheim Mortgage, 205 Main Street, PO Box 807, Chatham, NJ 07928; 973-635-6800; Email: andrew.stewart@cronheimmortgage.com; Web site: www.cronheimmortgage.com. WG Capital Group provides interest-only financing for mixed-use, office, medical, warehouse, hospitality, storage and multifamily properties, as well as groceryanchored shopping centers, located in major markets nationwide. Loans are available in amounts from $2 million to more than $50 million for terms of one to three years featuring interest rates from 11% to 15% and a maximum loan-to-value ratio of 65%. For more information, contact Walter Carter, WG Capital Group; 770-744-2532; Email: info@wgcapitalgroup.com; Web site: www.wgcapitalgroup.com. DM


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Lease Signings H&R Retail (410-308-0800) negotiated the following leases throughout MD: with Liberty Tax for 884 sq.ft. at Lansdowne Station, located along Washington Boulevard in Lansdowne, with the company representing the landlord, Venture BG, LLC; with 108 Deli, Wine & Spirits for 2,558 sq.ft. at Clarksville Plaza, located along Clarksville Pike in Clarksville, with the company representing the landlord Clarksville Plaza, LLC; with Executive Wireless for 2,717 sq.ft. at Village at Lee Airport, located at the intersection of Solomon’s Island Road and May Road in Edgewater, with the company representing the landlord, Lee Regency, LLC; with Cellular Sales for 3,400 sq.ft. at along Pulaski Highway in Havre De Grace and for 3,876 sq.ft. along Baltimore Pike in Bel Air, with the company representing the tenants; with Pet Valu for 4,354 sq.ft. at Southside Marketplace, located at the intersection of Lawrence Street and Fort Avenue in Baltimore, MD, with the company representing the landlord, Soithside Marketplace, LP, and LMS representing the tenant; and with ExpressCare for 4,500 sq.ft. at Owings Mills Square, located along Owings Mills Boulevard in Owings Mill, with the company representing the landlord, Whale, LLC and Segall Group representing the tenant. NAI Friedland (914-968-8500) negotiated a lease with Dollar K for 5,000 sq.ft. of space along South Broadway in Yonkers, NY. The company represented the landlord, NSKA Realty Associates, LLC, in the transaction. The company also negotiated a lease with Planet Fitness for 20,000 sq.ft. of space along Main Street in White Plains, NY. The company represented the landlord, Metropolitan Plaza WP, LLC, in the transaction. The company also negotiated a lease with Key Food Market, Inc. for 22,000 sq.ft. of space along South Broadway in Yonkers, NY. The company represented the tenant in the transaction. NewMark Merrill Cos. (818-710-6100) negotiated a 10-year lease with Qdoba Mexican Grill for 2,238 sq.ft. and a seven-year lease with Karma Indian Cuisine for 2,324 sq.ft. at Janss Marketplace, located at the intersection of Moorpark Road and Hillcrest Drive in Thousand Oaks, CA. Cotenants at the center include Invitation Spot, Cold Stone Creamery, Rite Aid, Burlington Coat Factory, Toys “R” Us and Gold’s Gym. The company represented the landlord in both transactions and Cushman & Wakefield represented Qdoba Mexican Grill. page 28

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Mid-America Asset Management, Inc. (630-954-7300) negotiated a lease renewal with The Finish Line for 5,072 sq.ft. at Geneva Commons, a 437,650 sq.ft. lifestyle center located at the intersection of Randall Road and Bricher Road in Geneva, IL. Cotenants at the center include Dick’s Sporting Goods, Barnes & Noble, Crate & Barrel, Pottery Barn, H&M and Coldwater Creek. The company represented the landlord in the transaction. The company also negotiated a lease expansion with Fruitful Yield from 3,340 sq.ft. to 6,604 sq.ft. at The Shops at South Elgin, a 164,502 sq.ft. center located at the intersection of Randall Road and McDonald Road in South Elgin, IL. Cotenants at the center include Kohl’s, T.J. Maxx, Petco and Pier 1 Imports. The company represented the landlord and Metro Commercial Real Estate represented the tenant in the transaction. DLC Management Corp. (914-631-3131) negotiated leases with Firestone for 7,653 sq.ft. and with PetSmart for 15,000 sq.ft. at Levittown Town Center, located along Route 13 in Levittown, PA. Cotenants at the center include Dollar Tree, We R Wireless and Dots. The company also negotiated a lease with America’s Kids for 26,691 sq.ft. and a lease expansion with Beauty World Discount for 9,600 sq.ft. at Tower Shopping Center, located in Raleigh, NC. Cotenants at the center include Popeye’s. NAI Isaac (859-224-2000) negotiated a lease relocation and expansion with The Parent Teacher Store at Keithshire Place, a 105,792 sq.ft. mixed-use neighborhood shopping center located along Clays Mills Road in Lexington, KY. The company represented the landlord in the transaction. Main Street Property Services, Inc. (925-299-8170) negotiated a lease with Plum for 866 sq.ft. of space along Railroad Avenue in Danville, CA. The company represented the landlord, Railroad Avenue, LLC, and Spectrum Interests, LLC represented the tenant in the transaction. Cushman & Wakefield (973-993-1200) negotiated a lease with Starbucks for a 2,100 sq.ft. ground-floor space at Shops on the Green, a luxury condominium located along Park Place in Morristown, NJ. The coffee shop will occupy ground-floor space at the site. Cotenants include Roots Steakhouse, Urban Table, AT&T Mobility and Qdoba D M Mexican Grill.


Lead Sheet Indigo Books & Music, Inc. dba Indigo, Chapters Book Store and World’s Biggest Bookstore Drew McGowen 468 King Street West, Suite 500 Toronto, Ontario, Canada M5V 1L8 416-364-4499, Fax 416-646-8907 Email: dmcgowen@indigo.ca Web site: www.indigochapters.ca

Books The 97-unit chain operates locations throughout Canada. The stores, offering books, music and gifts, occupy spaces of 22,000 sq.ft. in malls, power and strip centers and downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years with options. Preferred demographics include a population of 100,000 within three miles earning $60,000 as the average household income.

Designer Greetings dba Card$mart Barry Grody 531 East Lincoln Avenue, Suite 6J Mt. Vernon, NY 10552 914-699-5305 Email: barry.grody@designergreetings.com Web site: www.cardsmart.com

Cards The 100-unit chain operates locations nationwide. The card and gift shops occupy spaces of 2,000 sq.ft. to 4,000 sq.ft. in power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run five years with options. A vanilla shell and tenant improvement allowance are required. Preferred demographics include a population of 50,000 within five miles earning $50,000 as the average household income.

Gas Mart, Inc. dba Minuteman Food Mart Wesley Campbell PO Box 39 Elizabethtown, NC 28337 910-862-8423 Ext. 240, Fax 910-862-5531

Convenience The 20-unit chain operates locations throughout NC. The convenience stores, with gasoline facilities, occupy spaces of 3,000 sq.ft. in mixed-use centers. Growth opportunities are sought throughout the existing market during the coming 18 months. The company prefers to aquire sites.

Quik Stop Markets, Inc. dba Quik Stop Markets Bill Rankin 4567 Enterprise Street Fremont, CA 94538 510-657-8500, Fax 510-657-1544 Email: bill.rankin@quikstop.com Web site: www.quikstop.com

Convenience The 106-unit chain operates locations throughout northern CA and northern NV. The convenience stores, with gasoline facilities, occupy spaces of 3,000 sq.ft. to 4,000 sq.ft. in freestanding locations. The company is looking to acquire between two and four second-generation sites throughout the existing markets during the coming 18 months. Major competitors include Arco and 7-Eleven. A land area of one acre is required. The company prefers to locate in areas with high traffic counts, and is franchising.

Ulta, Inc. dba Ulta Rick Franz 10575 North 114th Street, Suite 103 Scottsdale, AZ 85259 480-344-7710 Email: rick.franz@ultainc.com Web site: www.ulta.com

Cosmetics The 389-unit chain operates locations nationwide throughout 40 states. The stores, offering cosmetics, beauty supplies and health care items, as well as featuring a salon, occupy spaces of 10,000 sq.ft. in power centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Preferred demographics include a trade-area population of 150,000 earning $75,000 as the average household income.

Boscov’s Department Store dba Boscov’s John Hlis 4500 Perkiomen Avenue Reading, PA 19606 610-370-3808, Fax 610-370-3799 Email: jhlis@boscovs.com Web site: www.boscovs.com

Department Store The 39-unit chain operates locations throughout DE, MD, NJ, NY and PA. The department stores occupy spaces of 185,000 sq.ft. in regional malls and lifestyle and power centers. Growth opportunities are sought throughout the existing markets during 2011. Typical leases run 20 years with options. Specific improvements are required. Preferred demographics include a population of 175,000 within 10 miles earning $55,000 as the average household income.

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Lead Sheet Stage Stores, Inc. dba Palais Royal, Stage, Bealls, Peebles and Goody’s Marion McDaniel 10201 South Main Street Houston, TX 77025 713-663-9810, Fax 713-663-9814 Email: mmcdaniel@stagestores.com Web site: www.stagestores.com

Department Store The 800-unit chain operates locations nationwide throughout 39 states. The department stores, offering family apparel, footwear, accessories and cosmetics, occupy spaces of 10,000 sq.ft. to 25,000 sq.ft. in strip centers. Growth opportunities are sought nationwide during the coming 18 months. Typical leases run 10 years. Preferred cotenants include grocery stores and Walmart. Preferred demographics include a population of 25,000 within five miles earning $37,000 as the average household income. Major competitors include Belk, Dillards and JCPenney.

Liberty Drug, Inc. dba Jerry’s Pharmacy, Liberty Drug, Medicine Shoppe and More Than Medicine Brian Harrison PO Box 362 Carnegie, OK 73015 580-654-1111, Fax 580-654-1229

Drug Store The five-unit chain operates locations throughout OK. The drug stores occupy spaces of up to 5,000 sq.ft. in downtown areas and strip and value centers. Growth opportunities are sought throughout the existing market during the coming 18 months.

Walgreens Blaine Bush c/o Strategic Retail Advisors 3990 Westerly Place, Suite 230 Newport Beach, CA 92660 949-640-6678 Ext. 18, Fax 949-748-8088 Email: blaine@strategicretailadvisor.com Web site: www.strategicretailadvisor.com

Drug Store The 7,697-unit chain operates locations nationwide and throughout Puerto Rico. The drug stores occupy spaces of 15,000 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout Orange County and Riverside, CA during the coming 18 months, with representation by Strategic Retail Advisors. Preferred cotenants include grocery stores. The company requires a drive-thru for endcap spaces and a land area of 60,000 sq.ft. for freestanding locations.

Bi-Mart Co. John Harris 220 South Seneca Road Eugene, OR 97402 541-344-0681 Web site: www.bimart.com

General Merchandise The 72-unit chain operates locations throughout ID, OR and WA. The stores occupy spaces of 30,000 sq.ft. in freestanding locations, malls and strip centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 20 years. Preferred cotenants include grocery stores.

Theisen Supply Co. dba Theisen’s Home Farm Auto Jim Theisen 6201 Chavenelle Road Dubuque, IA 52002-9692 563-556-4738, Fax 563-556-7959 Email: jimt@theisens.com Web site: www.theisens.com

General Merchandise The 19-unit chain operates locations throughout IA. The stores occupy spaces of 25,000 sq.ft. to 100,000 sq.ft. in freestanding locations. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years with two, five-year options. A vanilla shell is required. Preferred demographics include a population of 10,000 within 10 miles earning $35,000 as the average household income. A land area of five to 10 acres is required. The company will not consider sites under 25,000 sq.ft.

Snip-Its Scott Meshil c/o Royal Properties, Inc. 850 Bronx River Road Bronxville, NY 10708 914-237-3403, Fax 914-237-0196 Email: scott@royalpropertiesinc.com Web site: www.royalpropertiesinc.com

Hair The 60-unit chain operates locations nationwide throughout 26 states. The children’s hair salons occupy spaces of 1,200 sq.ft. to 1,700 sq.ft. in freestanding locations and power and strip centers. Growth opportunities are sought throughout Westchester County, NY during the coming 18 months, with representation by Royal Properties, Inc.

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Lead Sheet Chain Reaction, Inc. dba CR Jewelers Diamond Outlet Donald Weinburg 4010 Oak Circle Boca Raton, FL 33431 561-338-8411, Fax 561-338-8294 Web site: www.crjewelers.com

Jewelry The eight-unit chain operates locations throughout CA, FL, MD, NJ and VA. The jewelry stores occupy spaces of 1,000 sq.ft. to 1,500 sq.ft. in malls. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run seven years.

PWS, Inc. dba Launderland, Lucy’s Laundrymart, Sudz, Spin Cycle and Fiesta Lavanderia Brad Steinberg 6500 Flotilla Street Los Angeles, CA 90040 323-490-1879 Email: bsteinberg@pwslaundry.com Web site: www.pwslaundry.com

Laundromat The 3,000-unit chain operates locations throughout CA. The laundromats occupy spaces of 1,800 sq.ft. to 4,500 sq.ft. in freestanding locations and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months. Typical leases run 10 years with three, five-year options. Preferred demographics include a population of 30,000 within one mile earning $25,000 to $50,000 as the average household income. The company prefers to locate in areas with a high renter population, strong visibility and high traffic counts. Preferred cotenants include grocery stores. The company prefers secondgeneration spaces.

Dr. Tavel Optical Group dba Dr. Tavel Family Eyecare, Premium Optical Co. and Vision Values Larry S. Tavel, MD 2839 Lafayette Road Indianapolis, IN 46222-2147 317-924-1300 Ext. 100, Fax 317-924-3741 Web site: www.drtavel.com

Optical The 20-unit chain operates locations throughout IN. The eyecare centers occupy spaces of 1,200 sq.ft. to 1,600 sq.ft. in freestanding locations, malls and power and strip centers. Growth opportunities are sought throughout the existing market during the coming 18 months.

Aerosoles Scott Lifschultz c/o SPL Realty Partners 201 Wilshire Boulevard, Suite 303 Santa Monica, CA 90401 310-883-7911 Email: scott@splrealty.com Web site: www.splrealty.com

Shoes The 150-unit chain operates locations nationwide and internationally. The shoe stores occupy spaces of 1,400 sq.ft. to 2,500 sq.ft. in malls, downtown areas and outlet and specialty centers. Growth opportunities are sought throughout southern CA during the coming 18 months, with representation by SPL Realty Partners. The company prefers locations with high foot traffic counts.

Brown Group Retail dba Famous Footwear Robert Grahamslaw 151 Fries Mill Road, Suite 505 Turnersville, NJ 08012 856-232-8160, Fax 856-232-8168 Email: rgrahamslaw@brownshoe.com Web site: www.brownshoe.com

Shoes The 1,146-unit chain operates locations nationwide. The family footwear stores occupy spaces of 5,000 sq.ft. to 6,000 sq.ft. in street fronts, malls and lifestyle, power and strip centers. Plans call for 45 to 70 openings throughout the existing market during the coming 18 months. A vanilla shell is required. Preferred cotenants include Kohl’s, Target, JCPenney, Bed Bath & Beyond, Marshalls and T.J. Maxx. Preferred demographics include a population of 120,000 within five miles earning $48,000 as the average household income.

Budget Shoe Warehouse, Inc. dba Budget Shoe Warehouse Vincent Gill 151 Carlingview Street, Unit 16 Toronto, Ontario, Canada M9W 5S4 416-679-8884 Ext. 26

Shoes The nine-unit chain operates locations throughout southern Ontario, Canada. The shoe stores occupy spaces of 3,000 sq.ft. in malls and power, specialty, strip and value centers, as well as urban/downtown areas. Growth opportunities are sought throughout the existing market during the coming 18 months.

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Lead Sheet Tradehome Shoe Stores, Inc. dba Tradehome Shoes Patrick Teal 8300 97th Street South Cottage Grove, MN 55016 651-459-8600, Fax 651-459-8611

Shoes The 117 unit-chain operates locations throughout AR, CO, IA, ID, IL, IN, KS, KY, MI, MN, MO, MT, ND, NE, OH, OK, SD, UT, WI and WY. The family shoe stores occupy spaces of 1,600 sq.ft. to 2,200 sq.ft. in malls. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years. Preferred cotenants include apparel retailers.

Beverages & More, Inc. dba Beverages & More! Jeff Sealy 1470 Enea Circle, Suite 1600 Concord, CA 94520 925-609-6031 Email: sealyj@bevmo.com Web site: www.bevmo.com

Specialty The 111-unit chain operates locations throughout AZ and CA. The stores, offering wine, beer and gourmet foods and accessories, occupy spaces of 8,000 sq.ft. to 10,000 sq.ft. in freestanding locations and endcaps of shopping centers. Growth opportunities are sought throughout the existing markets during the coming 18 months. Typical leases run 10 years with three, five-year options. A vanilla shell and specific improvements are required. Preferred cotenants include Barnes & Noble, Best Buy, Costco, Trader Joe’s, Target and Fresh & Easy.

Chicago Costume Co. Robert E. Thomas c/o Jameson Real Estate, LLC 425 West North Avenue Chicago, IL 60610 312-335-3246, Fax 312-335-0886 Email: rthomas@jameson.com Web site: www.chicagocostume.com

Specialty The two-unit chain operates locations in the Chicago, IL metropolitan area. The costume stores occupy spaces of 2,000 sq.ft. to 10,000 sq.ft. in street fronts and mixed-use centers. Growth opportunities are sought from mid-August to mid-November throughout the Evanston, Loyola University, North Michigan Avenue, Gold Coast, Oak Park, Old Town, Lincoln Park, Lakeview, Bucktown, Wicker Park, Loop West to the river, Roosevelt Road and Hyde Park areas of Chicago, IL, with representation by Jameson Real Estate, LLC.

Rincon Musical Marc Durst c/o Sholom & Zuckerbrot Kaufman Astoria Studios 35-11 35th Avenue Long Island City, NY 11106 718-392-5959 Ext. 122, Fax 718-392-6530 Email: mdurst@s-z.com Web site: www.rinconmusical.com

Specialty The four-unit chain operates locations throughout NY. The stores, offering musical instruments and related accessories, occupy spaces of 1,500 sq.ft. to 5,000 sq.ft. in urban/downtown areas, store fronts and inline spaces and endcaps of shopping centers. Growth opportunities are sought throughout Brooklyn, Bronx, Long Island, Queens and Westchester, NY during the coming 18 months, with representation by Sholom & Zuckerbrot.

Invite Health Ann La Centra c/o Winick Realty Group 655 3rd Avenue New York, NY 10017 212-792-2652, Fax 212-792-2660 Email: ann@winick.com Web site: www.winick.com

Vitamins The 10-unit chain operates locations throughout NJ and NY. The vitamin shops occupy spaces of 600 sq.ft. to 1,200 sq.ft. in freestanding locations and entertainment, outlet, power, specialty, strip and value centers, as well as urban/downtown areas. Growth opportunities are sought throughout Brooklyn, NY during the coming 18 months, with representation by Winick Realty Group. Typical leases run 10 years. A vanilla shell and specific improvements are required.

The preceding leads have been verified by calls made to or written submittals from the respective retailers during the weeks prior to publication. Since the majority of chains featured in Lead Sheet are small in size, some changes in their expansion plans should be expected. To be included in an upcoming issue, just fax a note or call us with the details. Our fax number is (609-587-3511) and you can reach us by phone at (609-587-6200) or email at ann@dealmakers.net. page 32

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Looking for Acquisitions • Leasing Great Sites

LEASING

Rivercrest Realty has space available in anchored shopping centers along the East Coast. For leasing, contact: Debbie Lewis FL, GA, SC, TN (919) 518-2000 dlewis@rivercrestrealty.com Nicholas Schuman-Werb DE, MD, NC, VA, WV (919) 518-2000 nschuman@rivercrestrealty.com Helen Vitaliano New York Locations (718) 980-7684 helenvitaliano@si.rr.com

Visit us at ICSC RECon Booth #S5412

ACQUISITIONS

Rivercrest Realty is actively pursuing acquisitions of retail centers located East of the Mississippi. Acquisition Requirements: • Grocery / Shadow-Anchored • $5 Million Minimum Deal Forward proposals to: Stan Werb (919) 846-4046 swerb@rivercrestrealty.com

www.rivercrestrealty.com 8816 Six Forks Road, Suite 201 Raleigh, NC 27615 Phone: (919) 518-2000 Fax: (919) 424-0001

STATE

CENTEr

AVAILAbLE SF

NEW YOrk Staten Island Staten Island

Coral Island Shopping Center Tottenville Square

DELAWArE Seaford

Sussex Plaza

FLOrIDA Wilton Manors

Shoppes of Wilton Manors

1,312 – 47,367 SF

GEOrGIA Atlanta Augusta Macon McDonough

Lenox Village Southpointe Plaza Walnut Creek Plaza McDonough Marketplace

1,073 – 3,483 SF Fully Leased 1,200 – 3,497 SF Fully Leased

MArYLAND Landover Pocomoke City Fruitland

Landover Crossing East Town Plaza Southtowne Commons

3,486 – 97,421 SF 1,485 SF Fully Leased

NOrTH CArOLINA Advance Chapel Hill Charlotte Charlotte Durham Durham Forest City Hendersonville Raleigh Shelby Siler City Smithfield Southport Taylorsville Winston-Salem Winston-Salem

Kinderton Place Timberlyne Archdale Marketplace Royal Plaza Parkway Plaza The Village Hillside Plaza Highlands Square Millbrook Collection Creekside Plaza Chatham Crossing Smithfield Plaza Tidewater Plaza Taylorsville Hanes Commons Oak Summit

1,773 & 1,967 SF 1,201 – 2,007 SF 1,200 – 3,971 SF 558 – 7,553 SF 906 & 3,041 SF 2,531 – 11,488 SF 3,016 SF 2,508 – 8,016 SF 1,067 – 4,017 SF 1,407 SF 1,998 & 4,007 SF 1,514 & 3,023 SF 3,207 SF 1,168 – 8,537 SF 1,117 & 18,294 SF 2,769 – 34,912 SF

SOUTH CArOLINA Boiling Springs Columbia Florence Gaffney Georgetown Greenville Greenville Greenville Greenwood Greer Lake Wylie Lexington Lexington Myrtle Beach Myrtle Beach Surfside Beach

Boiling Springs Center Northpointe Commons Southside Commons Piedmont Plaza Plantation Plaza Haywood Plaza Shoppes at Woodruff White Horse Commons Westwood Plaza Hillview Plaza Landing Station East Towne Centre Village Square Northwood Plaza Plantation Point Surfside Commons

2,006 & 3,009 SF 6,176 SF 1,746 SF 2,003 & 3,213 SF 1,997 SF 1,020 – 10,453 SF 1,482 – 4,030 SF 4,007 SF 1,512 – 12,579 SF 1,205 – 3,007 SF 1,500 – 2,974 SF Fully Leased 792 – 2,788 SF 1,122 – 32,259 SF 1,552 – 5,425 SF 4,023 SF

TENNESSEE Cookeville

Cumberland Station

VIrGINIA Bluefield Covington Harrisonburg Martinsville Radford South Boston Wytheville

Ridgeview Plaza Riverbend Garbers Crossing Mountainview Plaza Peppers Ferry Centre South Boston Wytheville Commons

WEST VIrGINIA Princeton

East River Plaza

945 – 5,007 SF 1,164 – 8,002 SF 2,992 SF

4,951 SF 2,081 & 30,012 SF Fully Leased 1,202 & 3,600 SF 3,010 SF Fully Leased 1,202 – 5,013 SF 2,396 & 11,756 SF 24,560 SF


Real Estate Professionals Making the News Voit Real Estate Services (949-644-8648) hired the team of Jason K. Gallelli, Kevin M. Soares, Jeff T. Hagan, Kurt C. Conley, Ellia C. Karres, Dustin A. Droen, Andrea M. Stirling and Tara L. Davis. Prior to joining the company, all served at Colliers International, where they represented more than 50 shopping centers and 25 retailers throughout northern CA. They will henceforth operate out of the company’s Sacramento, CA office. The company is a commercial real estate firm offering brokerage, property management, investment advisory, financial analysis, market research, asset management and tenant advisory services.

George Smith Partners (310-867-2906) hired Bryan Shaffer. The company is a real estate investment banking firm operating throughout the western region of the U.S. illi Commercial Real Estate (818-501-2212) hired Danny Miller as managing director, vice president of the company’s Long Beach and LA South office in Long Beach, CA. Prior to joining the company, he served as director of medical services group, office and investment at Charles Dunn, as well as a partner at Lee & Associates, and also previously served at Cushman & Wakefield, Beitler Commercial and The Royce Co.

n!

Co RE C 10 S C 78 tI s a th s u o sit Bo Vi

northwest Village shopping center NE CORNER OF GILMER RD (HWy 300) AND LOOP 281

available space: 36,000 sF 1729 W Loop 281 48,000 sF 1733 W Loop 281 84,000 sF Two spaces combined Demographics (15 min drive) Population 90,617 Households 34,650 Avg HH Income $62,265 Employees 56,395 Establishments 4,967

traffic co of 52,9 unt 64 cpd

Scan this QR code with your mobile device for more information page 34

May 13, 2011

Susan Mazarakes-Gill, CEcD 903-753-7878 | 800-952-2613 www.LongviewUSA.com

The

Dealmakers

tenants in shopping center Dollar Tree Wing Stop Cuts Galore Metro PCS Fast Signs Ross Dress for Less Excel Finance Co. Rent-A-Center Big 5 Tire & Auto Capital One Bank Walgreen’s Taylor Medical Center www.dealmakers.net

Robert K. Futterman & Associates (212599-3700) promoted Gary Alterman from senior vice president to executive vice president. Prior to joining the company, he served as co-founder of New Spectrum Realty. The company also promoted Sal Ferrigno from senior managing director to vice president, Jackie Totolo from associate to director and Elyse Bandel from senior vice president, marketing and communications to executive vice president, marketing and communications. The company is an independent real estate firm headquartered in New York, NY specializing in retail leasing, investment sales and consulting services nationwide and internationally. Grubb & Ellis Co. (972-450-3300) hired Cindy Burger as senior vice president and director of management services out of the company’s Dallas, TX office. She will be responsible for heading the company’s property management team and expanding their business throughout the region. Prior to joining the company, Burger served at CB Richard Ellis and Cushman & Wakefield. KLNB, LLC (703-722-2700) promoted Stephen Combs, Robert Morris and Ryan Wilner to principals. Combs specializes in retail real estate. Prior to joining the company, he served as managing director at Newmark Knight Frank. Morris specializes in retail real estate with a focus on landlord and tenant representation throughout the Baltimore, MD and Washington, DC areas. Ryan Wilner specializes in retail real estate with a focus on landlord and tenant representation throughout Baltimore, MD; Washington, DC and northern VA. Prior to joining the company, he served as a retail associate at Lee & Associates. NAI Global (212-405-2466) hired Greg Schecher as senior vice president, finance within the company’s capital markets group. He will be responsible for assisting the company’s investment sales staff and their clients in securing debt financing for real estate projects. Prior to joining the company, he served as a managing member of Lexington Capital Advisors, as well as senior vice president at Johnson Capital. The company, based in Princeton, NJ, offers corporate real estate services, brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain consulting and advisory services out of 350 offices nationwide D M and internationally.






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Forrest City – A 12,730 sq.ft. freestanding building located along North Washington Street is available. The asking rent is $6.95 psf. For details, contact Len Weiselberg, Robert Crum, Matthew Makler, Gary Shapiro or Steven Sandelman, Kin Properties, Inc., 185 Northwest Spanish River Boulevard, 1st Floor, Boca Raton, FL 33431; 888546-7767 Ext. 112/117/118/123/124; Emails: lweiselberg@kinproperties.com, rcrum@kinproperties.com, mmakler@kinproperties.com, gshapiro@kinproperties.com and ssandelman@kinproperties.com; Web site: www.kinproperties.com.

demographics include a population of 276,146 within one mile earning over $63,000 as the average household income. The average daily traffic count is 42,000 vehicles. For details regarding the Long Beach property, contact Todd Nathanson, Mark Chase or Greg Offsay, illi Commercial Real Estate, 17547 Ventura Boulevard, Suite 304, Encino, CA 91316; 818-501-2212 Ext. 101/107/104, Fax 818-501-2202; Emails: todd@illicre.com, mark@illicre.com and greg@illicre.com; Web site: www.illicre.com. For details regarding the Northridge property, contact Todd Nathanson or Erick Marchena, 818-501-2212 Ext.103; Email: erick@illicre.com.

California

Colorado

Fullerton – A 1,785 sq.ft. freestanding building located along Brea Boulevard is available. The asking rent is $18 psf. Orange – A building located along North Tustin Avenue has spaces available of 4,850 sq.ft. and 8,000 sq.ft. The asking rent is $15 psf for the 4,850 sq.ft. space and $13.25 psf for the 8,000 sq.ft. space. Temecula – A 30,080 sq.ft. freestanding building located along Jefferson Avenue is available. The asking rent is $7 psf. Yorba Linda – A 25,000 sq.ft. freestanding building located along Old Canal Road is available. The asking rent is $19.50 psf. For details, contact Len Weiselberg, Robert Crum, Matthew Makler, Gary Shapiro or Steven Sandelman, Kin Properties, Inc., 185 Northwest Spanish River Boulevard, 1st Floor, Boca Raton, FL 33431; 888546-7767 Ext. 112/117/118/123/124; Emails: lweiselberg@kinproperties.com, rcrum@kinproperties.com, mmakler@kinproperties.com, gshapiro@kinproperties.com and ssandelman@kinproperties.com; Web site: www.kinproperties.com.

Thornton – Thorncreek Crossing, located at the intersection of 120th Avenue and Washington Street, has spaces available of 3,791 sq.ft. and 9,850 sq.ft. For details, contact Weingarten Realty; 800688-8865; Email: leasespace@weingarten.com; Web site: www.weingarten.com.

sq.ft. space available. Cotenants include Jo-Ann Fabrics, Big Lots, Modell’s, Planet Fitness and T-Mobile. Norwalk – ShopRite Plaza, located along Route 1, has spaces available from 1,200 sq.ft. to 20,000 sq.ft. Cotenants include ShopRite, Barnes & Noble, GameStop and The UPS Store. Also, Center Seven, located along Route 7/Main Avenue, has spaces available from 1,400 sq.ft. to 4,300 sq.ft. Cotenants include Starbucks, Quiznos and Citibank. Also, Walmart Center, located along Route/7 Main Avenue, has spaces available from 3,200 sq.ft. to 7,000 sq.ft. Cotenants include Walmart, Staples, Hallmark and Bank of America. Orange – Firelite Shopping Center has spaces available from 800 sq.ft. to 4,000 sq.ft. Also, a 19,000 sq.ft. freestanding building located along Indian River Road is available. Stamford – ShopRite Plaza, located along Route 1, has spaces available from 2,000 sq.ft. to 4,000 sq.ft. Cotenants include ShopRite, Dunkin’ Donuts and Subway. For details, contact Royal Properties, Inc., 850 Bronx River Road, Bronxville, NY 10708; 914-237-3403, Fax 914-237-0196; Web site: www.royalpropertiesinc.com.

Long Beach – A center located at the intersection of Orange Avenue and East Carson Street has spaces available from 550 sq.ft. to 16,000 sq.ft., including endcap and big box spaces. Area retail includes 99 Cents Only Store, Metro PCS, Ralph’s, Walmart, Starbucks, LA Fitness and Wing Stop. Area demographics include a population of 703,318 within five miles earning $62,070 as the average household income. Northridge – A center located at the intersection of Balboa Boulevard and Roscoe Boulevard has a divisible freestanding endcap of 2,400 sq.ft. available along with a 1,200 sq.ft. inline space. Area retail includes the Home Depot, Jack in the Box, Wendy’s and 7-Eleven. Area

Connecticut Bloomfield – Copaco Shopping Center, located along Route 218/Cottage Grove Road, has a divisible space of 21,000 sq.ft. available. Cotenants include Lowe’s Home Improvement, Stop & Shop, Burlington Coat Factory, CVS, IHOP, McDonald’s and Firestone. East Haven – East Haven Green, a 187,000 sq.ft. center located along Frontage Road, has spaces available from 2,500 sq.ft. to 23,600 sq.ft. Cotenants include Home Depot, AutoZone, Gelvani Liquors and Wendy’s. Putnam – A 32,000 sq.ft. center located along Route 44/Providence Pike has a divisible space of 8,080 sq.ft. available. Cotenants include CVS, Walmart, Stop & Shop, Big Lots, Sears, Wendy’s and Advance Auto. For details, contact New England Retail Properties, Inc., 150 Hartford Avenue, Wethersfield, CT 06109; 860-529-9000; Web site: www.newenglandretail.com. Brandford – Branhaven Plaza has a divisible 3,675 sq.ft. space available. Cotenants include Kohl’s, Big Y Supermarket, The Children’s Place, Justice, Dots, Payless ShoeSource, Olympia Sports, RadioShack and GNC. Derby – ShopRite Plaza, located along Pershing Drive, has spaces available from 4,000 sq.ft. to 10,000 sq.ft. Cotenants include ShopRite, Petland, Pay Half and Advance Auto. Newington – Jo-Ann’s Plaza, located along Berlin Turnpike, has a 1,500 www.dealmakers.net

The

Florida Clearwater – Sunset Point 19, located at the intersection of U.S. Highway 19 and Sunset Point Road, has a 4,000 sq.ft. space available. For details, contact Weingarten Realty; 800688-8865; Email: leasespace@weingarten.com; Web site: www.weingarten.com.

Georgia Atlanta – Perimeter Village, located at the intersection of Ashford Dunwoody Road and Meadow Lane, has a 28,067 sq.ft. space available. For details, contact Weingarten Realty; 800688-8865; Email: leasespace@weingarten.com; Web site: www.weingarten.com. Atlanta – Lenox Village has spaces available from 1,073 sq.ft. to 3,483 sq.ft. Macon – Walnut Creek Plaza has spaces available from 1,200 sq.ft. to 3,497 sq.ft. McDonough – McDonough Marketplace has a 1,396 sq.ft. space available. For details, contact Debbie Lewis, Rivercrest Realty Investors, 8816 Six Forks Road, Suite 201, Raleigh, NC 27615; 919-518-2000, Fax 919-424-0001; Email: dlewis@rivercrestrealty.com; Web site: www.rivercrestrealty.com.

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Retail Op p o r t u n i t i e s

to make your Mark in Bowie Median Household Income over $94,532 Average Household Income over $109,161 Bowie is one of the largest cities in Maryland. Bowie is also an excellent business location, easily accessed from Washington D.C., Annapolis and Baltimore. Bowie’s proximity to these major cities brings business and workforce into the area via Routes 3, 50 and 301. Bowie has more than 90 restaurants, 200 shops, and a dozen recreation opportunities. With this winning combination of location, access and amenities your business is certain to grow and succeed. For space available details call: Bowie Plaza, Brian Greene, 703-442-4300

Main Street Market, Sam Pan, 301-657-7352

Collington Plaza, Andrew Rose, 703-442-4500 x26

Pointer Ridge Plaza, Will Collins, 571-382-1290

Hilltop Plaza – Newly Renovated! Bruce I. Levine, 410-486-0800 x116

Free State, Rich Abruscato, 301-998-8188

For more information on ALL of Bowie’s Opportunities, contact:

John Henry King, Economic Development Director, City of Bowie, Maryland 15901 Excalibur Road, Bowie, MD 20716 301.809.3042 | fax 301.809.2315 | jhking@cityofbowie.org page 40

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Milton – Shoppes at Birmingham, located at the intersection of Birmingham Highway and Birmingham Road, has space available. Publix anchors the center. Area demographics include a population of 39,867 within five miles earning $135,719 as the average household income. Locust Grove – Shoppes at Locust Grove, situated on 16.5 acres at the intersection of Locust Grove Road and State Road 155, has space available. Publix anchors the center and cotenants include Wells Fargo and McDonald’s. Area demographics include a population of 35,964 within five miles earning $74,343 as the average household income. For details, contact John Tennant, Sean Attaway Molloy or Taylor Kiewit, Franklin Street Real Estate Services, 3525 Piedmont Road Northeast, Building 8, Suite 420, Atlanta, GA 30305; 404-832-8896/1258 or 404845-7479; Emails: john.tennant@fsfp.com, sean.molloy@fsfp.com and taylor.kiewit@fsfp.com; Web site: www.franklinstreetfinancial.com.

Illinois Chicago – A two-story, 4,834 sq.ft. space located along South Michigan Avenue is available. The asking rent ranges from $19 psf to $25 psf NNN for the first-floor space and $15 psf NNN for the second-floor space, with CAM of $0.50 psf for the first floor, $0.34 psf for the second floor or $0.41 psf for the entire space. Frankfort – Frankfort Square, a 23,212 sq.ft. center, has spaces available of 1,300 sq.ft.; 1,871 sq.ft.; 2,660 sq.ft. and 2,720 sq.ft. along with an 1,871 sq.ft. endcap space and a 1.02-acre outlot. The asking rent ranges from $15 psf to $20 psf with CAM $2.86 psf and taxes of $4.77 psf. For details, contact Heide Schulz, The Lord Cos., LLC, 1033 West Van Buren, 7th Floor, Chicago, IL 60607, 312-9446270 Ext. 14, Fax 312-944-3759; Email: heide@lordcompanies.com; Web site: www.lordcompanies.com. Chicago – Lake Meadows Shopping Center, located at the intersection of 35th Street and Martin Luther King Drive, has a divisible 9,428 sq.ft. former bank building with a 10,050 sq.ft. lower-level space available. Washington – Cherry Tree Shopping Center, located at the intersection of Route 24 and Cummings Lane, has an 87,543 sq.ft. former Kmart anchor space available along with a divisible 25,200 sq.ft. space. (continued on page forty-two)


2011

REcon

OPPORTUNITIES Visit us at booth C1523 15 Avenue th

Management | Leasing | Acquisitions | Dispositions | Consulting SOUTHLAND MALL South Miami, FL

Macy’s, JCPenney, Sears, Regal Stadium 16 Aéropostale, Old Navy, Bally Total Fitness

CORAL PALM PLAZA Coral Springs, FL

Michael’s Arts & Crafts, buybuyBaby, Dollar Tree, Doris Italian Market, Panera Bread

1,000,000 square feet

135,936 square feet

EMBASSY CROSSING Port Richey, FL 337,746 square feet

Sports Authority, Michael’s, Ross Dress-for-Less, Bealls Outlet, Bed, Bath & Beyond, Books-A-Million, PETCO

COUNTRY CLUB MALL Cumberland, MD 593,530 square feet

CORAL RIDGE MALL Fort Lauderdale, FL 409,468 square feet

JCPenney, Sears, Bon-Ton, American Eagle, AMC Theatres Walmart Super Center

Target, TJ Maxx, Marshalls Old Navy, HomeGoods, Publix, AMC Theatres

PROMENADE SHOPS Aventura, FL

Nordstrom Rack, Marshalls/HomeGoods, Michael’s, Winn Dixie

PENN CENTER EAST Pittsburgh, PA

Talbots Outlet Store, hhgregg, Tuesday Morning, Applebees, Starbucks, Panera Bread

291,949 square feet

300,000 SF Retail & 625,000 SF Office

Join Our Impressive Tenant Line-Up

Call for your appointment Today! 3200 North Federal Highway Fort Lauderdale, FL 33306 | 954.537.2700 | www.gumberg.com


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For details, contact Joe Kunst or Michael Tetuan, DK Real Estate Services, 33 West Monroe Street, Suite 1900, Chicago, IL 60603; 630-421-1954 or 312-795-2597; Emails: kunstj@draperandkramer.com and tetuanm@draperandkramer.com; Web site: www.draperandkramer.com. Orland Park – A center located along 159th Street has spaces available from 1,128 sq.ft. to 1,600 sq.ft. Green Food & Produce anchors the center. Area draws include Orland Park Sports Plex. Also, a center has space available from 2,502 sq.ft. to 7,902 sq.ft. Area retail includes Meijer. Tinley Park – A center located along 159th Street has a 1,350 sq.ft. space available. For details regarding the Orlando Park properties, contact Sarah Moberg, Zifkin Realty Group, LLC, 560 West Washington Boulevard, Suite 330, Chicago, IL 60661; 312624-7784; Email: smoberg@zifkinrealty.com; Web site: www.zifkinrealty.com. For details regarding the Tinley Park property, contact Kevin List; 312-624-7768; Email: klist@zifkinrealty.com. St Charles – Bricher Crossing, located along South Randall Road, has a 3,100 sq.ft. endcap space available. Cotenants include AT&T Mobility. Area retail includes Lowe’s Home Improvement, Walgreens, Jewel-Osco, Meijer and Jo-Ann Fabrics. The average daily traffic count is 30,800 vehicles. For details, contact Les Kristof or Mike Wesley, Edgemark Commercial Real Estate Services, LLC, 2215 York Road, Suite 503, Oak Brook, IL 60523; 630-572-5607/5610, Fax 630-4721019; Emails: lkristof@edgemarkllc.com and mwesley@edgemarkllc.com; Web site: www.edgemarkllc.com.

Indiana Indianapolis – Lafayette Plaza, a 125,000 sq.ft. strip center situated on 12 acres, has a 54,000 sq.ft. space available. Shoe Warehouse anchors the center and cotenants include Penn Station, American Rental, Yongs Audio, Diva Nails, Cloud Nine Lounge and JV Appliances. Area retail includes Lafayette Square Mall, Walmart Supercenter, Home Depot, Regal Cinemas, Target Greatland, Marsh Grocery and Value City Furniture. Area demographics include a population of 687,348 within 10 miles earning $61,492 as the median household income. The average daily traffic count is (continued on page forty-four) page 42

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Space Place Indiana

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60,000 vehicles. Plainfield – Main Street Crossing, a 26,807 sq.ft. strip center situated on four acres at the intersection of U.S. Highway 40/Washington Street and Perry Street, has a 2,000 sq.ft. space available along with two spaces of 1,200 sq.ft.. Kids Closet, Great Clips and Papa John’s anchor the center. Cotenants include USA Nails, Jackson Hewitt, Hairsay, Happy Dragon’s and Joe’s Grille & Bar. Area retail includes Metropolis Life Style, Walmart Supercenter, Dick’s Sporting Goods, SuperTarget, Kohl’s, JCPenney, Value City Furniture and Rave Movie Theatre. Area demographics include a population of 66,246 within five miles earning $73,301 as the median household income. The average daily traffic count is 38,000 vehicles. The asking rent is $16 psf with CAM of $1.75 psf and taxes of $3.50 psf. For details, contact Frank E. Swiss, SWISSCO Real Estate, 4000 West 106th Street, Suite 125, Box 334, Carmel, IN 46032; 317-507-7313, Fax 317-733-4020; Email: fswiss@swisscorealestate.com; Web site: www.swissgroup.com.

Maryland

Maryland

District Heights – Silver Hill Plaza, located at the intersection of Silver Hill Road and Marlboro Pike, has a 2,200 sq.ft. space available along with a 2,534 sq.ft. pad site. Cotenants include Shoppers Food, CVS and Advance Auto. Laurel – Maryland City Plaza, located at the intersection of Route 198 and Old Annapolis Road, has spaces available of 1,125 sq.ft.; 1,200 sq.ft.; 1,875 sq.ft.; 2,000 sq.ft.; 2,384 sq.ft. and 3,000 sq.ft. Cotenants include Shoppers Food, Pier 1 Imports and T.J. Maxx. Rockville – White Flint Plaza, located along Nicholson Lane, has spaces available of 1,500 sq.ft.; 2,714 sq.ft.; 3,798 sq.ft. and 4,387 sq.ft. Cotenants include HomeGoods and PetSmart. For details, contact Greg Hull, Combined Properties; 202-736-2853; Email: ghull@combined.biz.

of 120,681 earning $66,211 as the average household income. For details, contact Ali Oliver, Hekemian; 410-626-9607 or 301-461-8648; Email: alli@hekemianretail.com; Web site: www.hekemianretail.com.

Easton – Staples Center, located at the intersection of Dover Road and Elliott Road, has spaces available of 3,230 sq.ft. and 4,940 sq.ft. Staples anchors the center and cotenants include Quiznos. Area retail includes GameStop, Walmart and Giant. Area demographics include a population

Commerce – A 125,490 sq.ft. freestanding building located along Union Lake Road is available. Flint – A 6,750 sq.ft. freestanding building located along South Dort Highway is available. Sterling Heights – A 1,700 sq.ft. freestanding building located along Van Dyke

Landover – Landover Crossing has spaces available from 1,999 sq.ft. to 97,421 sq.ft. Pocomoke City – East Town Plaza has a 1,485 sq.ft. space available. For details, contact Nicholas SchumanWerb, Rivercrest Realty Investors, 8816 Six Forks Road, Suite 201, Raleigh, NC 27615; 919-518-2000, Fax 919-424-0001; Email: nschuman@rivercrestrealty.com; Web site: www.rivercrestrealty.com.

Michigan

(continued on page forty-eight)

Florida is Heating Up! La Plaza at Flagler Miami

Hot Big Box opportunities!

Cape Coral

365 Fifth Avenue South | Naples, FL

Vicenza Plaza | Hialeah Gardens FL

Granada Shoppes | Naples, FL

See Courtelis Company at ICSC RECon, Booth S328 S St., for these hot opportunities! Stop by and enter to win a raffle of autographed Miami Heat memorabilia www.courtelis.com | Call 305.261.4330 to book your appointment today page 44

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Coremark Group

LOOKING FOR LAND! New Jersey, New York and Pennsylvania Parcels from 1 to 25 Acres If you have a site you would like to submit, please contact: Brian Wasilenko: bw@coremarkgroup.com (201) 847-2600 x.113 or Jordan Liebowitz: jl@coremarkgroup.com (201) 847-2600 x.114 www.coremarkgroup.com

392 Main Street, Wyckoff, New Jersey 07481 | (201) 847-2600 | F: (201) 560-0600


ICSC RECon 2011 — Convention Floor Plan South Hall Level 2

Make deals, and have some lemonade!

S283 Q Street

important dates & times

South Hall Level 2

Sunday, May 22

ICSC First Timers Orientation New! Networking Brunch Women in Real Estate ICSC NextGen Reception ICSC Foundation Gala w/ Dana Carvey

monday, May 23

Registration Trade Show Opens! Lunch & Learn ICSC Global Retail Runway New! Reception on the Show Floor

11:15am – 11:45am 1:00pm – 2:00pm 4:00pm – 6:00pm 5:00pm – 6:00pm 6:00pm – 9:15pm 6:00am – 6:00pm 8:00am – 6:00pm 12:00pm – 2:00pm 2:30pm – 4:00pm 4:30pm – 6:00pm

tuesday, May 24

Registration Trade Show Opens! ICSC Hot Retailer Awards w/Carson Kressley Lunch & Learn

wednesday, May 25

Registration Trade Show Opens!

6:30am – 5:00pm 8:00am – 5:00pm 10:30am – 11:30am 12:00pm – 2:00pm 7:30am – 2:00pm 8:00am – 2:00pm

thursday, May 26

Pack it up and go home!

Don’t miss our 2011 State of the Industry Report in our May 27th issue


ICSC RECon 2011 — Convention Floor Plan

Central Hall C3 C4 C5

Central Hall C1

South Hall Level 1

twitter.com/dealmakersmag | www.facebook.com/thedealmakers | www.dlmkrs.com


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Space Place Michigan

(continued from page forty-four)

Avenue is available. The asking rent is $7.50 psf. Troy – A 6,000 sq.ft. freestanding building located along Rochester Road is available. The asking rent is $10 psf. Woodhaven – A 22-acre parcel located along West Road is available. For details, contact Len Weiselberg, Robert Crum, Matthew Makler, Gary Shapiro or Steven Sandelman, Kin Properties, Inc., 185 Northwest Spanish River Boulevard, 1st Floor, Boca Raton, FL 33431; 888546-7767 Ext. 112/117/118/123/124; Emails: lweiselberg@kinproperties.com, rcrum@kinproperties.com, mmakler@kinproperties.com, gshapiro@kinproperties.com and ssandelman@kinproperties.com; Web site: www.kinproperties.com.

Missouri Lake St. Louis – The Shoppes at Hawk Ridge, a 400,000 sq.ft. center situated on 100 acres at the intersection of Highway N and Hawk Ridge Drive, has space available of 4,500 sq.ft.; 5,600 sq.ft. and 6,473 sq.ft. along with outlots of 65,340 sq.ft.; 106,286 sq.ft. and 112,384 sq.ft. Walmart, Lowe’s Home Improvement, The Sports Authority and T.J. Maxx anchor the center. Cotenants

Missouri

New Jersey

include Dollar Tree, GameStop, Cold Stone Creamery, AT&T Mobility, Starbucks, Edward Jones, Petland, H&R Block, The UPS Store, Panera Bread, McDonald’s, Arby’s, Taco Bell, Wendy’s, White Castle and Steak-n-Shake. Area retail includes Target, JCPenney, Shop-N-Save, Aldi, Von Maur, Chico’s, Coldwater Creek, Old Navy and Bed Bath & Beyond. Area demographics include a population of 232,103 within 10 miles earning $78,285 as the average household income. The average daily traffic count is 41,000 vehicles. The asking rent ranges from $12 psf to $15 psf with CAM of $1.50 psf and taxes of $2.50 psf. For details, contact Tony Gagliano, Thomas Realty Group, LLC, 3801 McKelvey Road, Suite 100A, Bridgeton, MO 63044; 314-298-1234, Fax 314-298-1235; Email: tony@thomrealty.com; Web site: www.thomrealty.com.

has space available. Washington Township – A community shopping center has space available. Target anchors the center. Also, Village Shoppes at Hawk Pointe has space available. ShopRite anchors the center. For details, contact Silbert Realty & Management Co., Inc., 85A Division Avenue, Millington, NJ 07946; 908-604-6900, Fax 908604-2030; Email: info@silbertrealestate.com; Web site: www.silbertrealestate.com.

New Jersey Branchburg – Cedar Glen has space available. ShopRite anchors the center. Englewood – The second phase of Englewood South, a 21-acre mixed-use development, has space available. Randolph Township – Randolph Plaza has space available. A&P anchors the center. Roseland – Eagle Rock Commons

Single tenant retail, office and healthcare properties nationwide.

Voorhees – Cooper Plaza, located at the intersection of Route 73 and Cooper Road, has a divisible pad site of 6,000 sq.ft. available along with a divisible space of 8,500 sq.ft. Cotenants include Kohl’s, Raymour & Flanigan, Party City and Marshalls. For details, contact Royal Properties, Inc., 850 Bronx River Road, Bronxville, NY 10708; 914-237-3403, Fax 914-237-0196; Web site: www.royalpropertiesinc.com. Whippany – A divisible 22,000 sq.ft. freestanding building located along Route 10 is available. Area retail includes P.C. Richard & Son, Einstein Moomjy, J.R. Cigar, Hometown Hearth & Grill and Signature Fitness. The asking rent is $15.50 psf. For details, contact Neal Richards, Vanguard Realty, Inc., 195 Columbia (continued on page fifty)

Let the DeaLmakerS’ e-maiL ForumS LeaSe anD SeLL Your ProPertY For Free

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Leasing

Connecticut Massachusetts Vermont New Hampshire Maine

Tenant Representation Shopping Center Sales

BRATTLEBORO, VERMONT PUTNEY ROAD (ROUTE 5)

PUTNAM, CONNECTICUT PROVIDENCE PIKE (RTE 44)

Up to 12,000 SF Available for Lease

♦ ♦ ♦

Join Tractor Supply & Better Bedding!

103,000 SF Royal Square Retail Shopping Center Join Staples, Peebles, Dollar Tree, Sleepy’s, Consumer Auto Parts, Olympia Sports & more Easy Access to I-91 at Exit 3; High Visibility

EAST HAVEN, CONNECTICUT FRONTAGE ROAD

♦ ♦ ♦

1,500-8,080 SF Remaining (subdividable) Immediate Occupancy in this 32,000 SF Center Neighbors Include: CVS, WalMart, Stop & Shop, Big Lots!, Sears, Wendy’s, Advance Auto & more

BLOOMFIELD, CONNECTICUT COTTAGE GROVE RD (RTE 218)

East Haven Green-187,000 SF Shopping Ctr

Copaco Shopping Ctr-Available for Lease

♦ ♦

2,500 - 23,600 Sq Ft Remains Available for Lease High visibility from I-95 & Rte 1; Parking: 430 spcs. Join Home Depot, AutoZone, Gelvani Liquors, Wendy’s & many more

♦ ♦

3,263-21,000 SF Remains (subdividable) Available Services northern suburbs of Hartford County Join Lowe’s, Stop & Shop, Burlington Coat, CVS, IHOP, McDonalds, Firestone & more

PROPOSED DEVELOPMENT OPPORTUNITIES

COLCHESTER, CONNECTICUT RTE 85 & LAKE HAYWARD RD

CANTON, CONNECTICUT ALBANY TURNPIKE (RTE 44)

CANTON COLCHESTER VALLEY SHOPPES COMMONS

(Located at the corner of Route 44 & Lawton Rd)

(Located at the corner of Rte 85 & Lake Hayward Rd) ♦ ♦ ♦ ♦

Up to 50,000 SF to be built with Outparcels Ideal for Retail, Medical or Financial Uses Servicing Colchester, Hebron, Glastonbury, Amston, Lebanon & Columbia Join Tractor Supply Store; Zoned Commercial

Phone(860) 529-9000

♦ ♦ ♦ ♦ ♦

Up to 60,000 SF with a 6,000 SF Outparcel Ideal for Retail, Medical or Financial Uses Join CVS Pharmacy (coming soon) Servicing Canton, Avon, Simsbury, Farmington & New Hartford Neighbors Include: Kohl’s, ShopRite, Old Navy, Dick’s Sporting Goods, Ethan Allen & many more

www.newenglandretail.com

150 Hartford Avenue, Wethersfield, Connecticut 06109


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Space Place New Jersey

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Turnpike, Suite 100, Florham Park, NJ 07932; 973-443-9700, Fax 973-966-0123; Email: nrichards@vanguardsite.com; Web site: www.vanguardsite.com.

New York Airmont – A shopping center located along Route 59 has spaces available from 3,000 sq.ft. to 60,000 sq.ft. Elmsford – A 7,000 sq.ft. restaurant space located along Saw Mill River Road is available. Katonah – A 2,560 sq.ft. freestanding building with a drive-thru located along Route 117/Woods Bridge Road is available. Kingston – Two divisible pad sites totaling 15,000 sq.ft. with drive-thrus located along Route 9W/Ulster Avenue are available. Monroe – Monroe Plaza, located along Route 17M, has spaces available from 2,500 sq.ft. to 50,000 sq.ft. Cotenants include Stop & Shop, RadioShack, Rite Aid and McDonald’s. Nanuet – Rockland Center, located along Route 59, has spaces available from 3,300 sq.ft. to 50,000 sq.ft. Cotenants include Pathmark, Office Depot, PetSmart, A.C. Moore, Five Guys Famous

New York

New York

Burgers and Fries, Chili’s and HomeGoods. Newburgh – Newburgh Towne Center, located along Route 300, has a 1,400 sq.ft. space available. Cotenants include Stop & Shop, Marshalls, dressbarn and Dollar Tree. Pawling – Pawling Park, located along Route 22, has spaces available from 1,800 sq.ft. to 6,500 sq.ft. Cotenants include Dollar General. Peekskill – Main Street Commons, located along Route 6, has spaces available from 1,000 sq.ft. to 15,000 sq.ft. Cotenants include AutoZone. Pleasantville – A 2,500 sq.ft. space located along Washington Avenue is available. Area retail includes Cold Stone Creamery. Port Chester – Waterfront at Port Chester, located along Westchester Avenue, has a 4,700 sq.ft. space available for sublease. Cotenants include Stop & Shop and Bed Bath & Beyond. Poughkeepsie – South Road Square, located along Route 9, has a 2,425 sq.ft. space available. Cotenants include AutoZone, AT&T Mobility, GameStop, Subway and Casual Male. Rye – A 1,925 sq.ft. freestanding building located along Purchase Street is available. Tappan – Spaces from 870 sq.ft. to 4,300 sq.ft. located along Route 303 are available. Cotenants include Subway and

Wendy’s. Thornwood – Rosehill Shopping Center, located along Columbus Avenue, has an 1,150 sq.ft. space available. Cotenants include A&P, CVS, Verizon Wireless, Chase Bank, RadioShack and Hallmark. Vails Gate – Big V Town Center, located along Route 32, has spaces available from 2,000 sq.ft. to 8,000 sq.ft. Cotenants include ShopRite, Kmart and Key Bank. Wappingers Falls – Lafayette Plaza, located along Route 9, has spaces available from 3,800 sq.ft. to 10,000 sq.ft. Cotenants include Dollar General and Quiznos. The average daily traffic count is 45,000 vehicles. West Haverstraw – A twoacre parcel located along Route 9 West is available. Area retail includes Stop & Shop. Yonkers – A center located along Main Street has spaces available from 2,500 sq.ft. to 12,000 sq.ft. Cotenants include Key Bank, Retro Fitness and Verizon FiOS. For details, contact Royal Properties, Inc., 850 Bronx River Road, Bronxville, NY 10708; 914-237-3403, Fax 914-237-0196; Web site: www.royalpropertiesinc.com.

Camp Hill, Pennsylvania • Former Borders For Lease • 24,000 SF • Tremendous Visibility From Route 15 • Situated by Retail – Office – Residential • Great Demographics For information, contact Judy Pierce 5000 Ritter Road, Suite 201, Mechanicsburg, PA 17055 | (717) 697-2422 page 50

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Baldwin – Baldwin Square has an 1,120 sq.ft. space available. Cotenants include Best Buy, Huntington Learning Center and Applebee’s. Bayshore – Bay Shore Commons has spaces available from 1,450 sq.ft. to 8,050 sq.ft. Cotenants include Stop & Shop, Rent-A-Center and Retro Fitness. Bethpage – Bethpage Commons has spaces available from 3,025 sq.ft. to 9,000 sq.ft. Cotenants include Dunkin’ Donuts. Bohemia – Bohemia Commons has spaces available from 800 sq.ft. to 2,000 sq.ft. Cotenants include IGA, Lucille Roberts and CVS. East Farmingdale – Bi-County Commons has a 4,959 sq.ft. space available. Cotenants include Meat Farms, Retro Fitness and Bethpage Federal Credit Union. Hauppauge – Adams Commerce Plaza has spaces available from 1,156 sq.ft. to 2,695 sq.ft. Cotenants include Dunkin’ Donuts, Pomodorino and Blimpie. Holtsville – Waverly Corners has a 900 sq.ft. space available. Cotenants include Soccer World. Huntington Station – Huntington Crossroads has spaces available from 1,370 sq.ft. to 3,360 sq.ft. Cotenants include H&R Block, Domino’s Pizza and Subway. Also, NY Avenue Stores has space available. Cotenants include AutoZone and Carvel. Lake Ronkonkoma – Lake Shore Plaza has an 1,124 sq.ft. space available. Cotenants include Waldbaum’s, Chase Bank and Pet Supplies Plus. Nanuet – Nanuet Mall South has spaces available from 1,500 sq.ft. to 6,520 sq.ft. Cotenants include Premier Fitness and Jenny Craig. Nyack – Tali Plaza of Nyack (continued on page fifty-two)



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Space Place New York

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has spaces available from 1,225 sq.ft. to 4,739 sq.ft. Cotenants include Subway and H&R Block. Seaford – Kenmor Plaza has a 4,200 sq.ft. space available. Cotenants include Gourmet Deli and Flynn & O’Hara Uniforms. West Hempstead – Cherry Valley Corners has a 4,000 sq.ft. space available. Cotenants include Pet Supplies Plus, Mandee and Payless ShoeSource. For details, contact Charles Hirsch, Tom LiPuma or Rubin Pikus, Milbrook Properties, Ltd., 42 Bayview Avenue, Manhasset, NY

New York

New York

11030; 516-869-1240, Fax 516-869-8576; Emails: chirsch@milbrookproperties.com, tjlipuma@milbrookproperties.com and rpikus@milbrookproperties.com; Web site: www.milbrookproperties.com.

718-980-7684, Fax 919-424-0001; Email: helenvitaliano@si.rr.com; Web site: www.rivercrestrealty.com.

Staten Island – Coral Island Shopping Center has spaces available from 945 sq.ft. to 5,007 sq.ft. Also, Tottenville Square has spaces available from 1,164 sq.ft. to 8,002 sq.ft. For details, contact Helen Vitaliano, Rivercrest Realty Investors, 8816 Six Forks Road, Suite 201, Raleigh, NC 27615;

Advance – Kinderton Place has spaces available of 1,773 sq.ft. and 1,967 sq.ft. Chapel Hill – Timberlyne has spaces available from 1,201 sq.ft. to 2,007 sq.ft. Charlotte – Archdale Marketplace has spaces available from 1,200 sq.ft. to 3,971 sq.ft. Also, Royal Plaza has spaces available from 558 sq.ft. to 7,553 sq.ft. Durham – Parkway Plaza has spaces available of 906 sq.ft. and 3,041 sq.ft. Also, The Village has spaces available from 2,531 sq.ft. to 11,488 sq.ft. Forest City – Hillside Plaza has a 3,016 sq.ft. space available. Hendersonville – Highlands Square has spaces available from 2,508 sq.ft. to 8,016 sq.ft. Raleigh – Millbrook Collection has spaces available from 1,067 sq.ft. to 4,017 sq.ft. Shelby – Creekside Plaza has a 1,407 sq.ft. space available. Siler City – Chatham Crossing has spaces available of 1,998 sq.ft. and 4,007 sq.ft. Smithfield – Smithfield Plaza has spaces available of 1,514 sq.ft. and 3,023 sq.ft. Southport – Tidewater Plaza has a 3,207 sq.ft. space available. Taylorsville – A shopping center has spaces available from 1,168 sq.ft. to 8,537 sq.ft. Winston-Salem – Hanes Commons has spaces available of 1,117 sq.ft. and 18,294 sq.ft. Also, Oak Summit has spaces available from 2,769 sq.ft. to 34,912 sq.ft. For details, contact Nicholas SchumanWerb, Rivercrest Realty Investors, 8816 Six Forks Road, Suite 201, Raleigh, NC 27615; 919-518-2000, Fax 919-424-0001; Email: nschuman@rivercrestrealty.com; Web site: www.rivercrestrealty.com.

You can now read the most current issue of The Dealmakers on your mobile device. Visit our blog at http://dlmkrs.com on any mobile device and read the most current issue of The Dealmakers. Each individual issue is password-protected, so you must have the physical issue in order to read online. You can also read Ann O’Neal’s “Observations & Conversations” column, our profiles on retailers and retail real estate companies, and our new column, “Reflections from the Road,” for free!

Android is a trademark of Google Inc. iPhone® is a registered trademark of Apple Inc.

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North Carolina

Ohio Dayton – Airway Shopping Center, a 224,727 sq.ft. strip center located at the intersection of Airway Road and Woodman Drive, has spaces available of 600 sq.ft.; 7,297 sq.ft. and 26,000 sq.ft. Big Lots, Aldi, Planet Fitness and Rite Aid anchor the center. Cotenants include AutoZone, China Garden Buffet, Furniture City, Burger King, Long John Silver’s, Arby’s and Ponderosa Steakhouse. Area demographics include a population of 89,000 within three miles earning $45,000 as the average household income. The average daily traffic count is 50,000 vehicles. Piqua – Miami Valley Centre Mall, a 504,000 sq.ft. mall located at the intersection of Interstate 75 and U.S. Route 36, has spaces available (continued on page fifty-four)


We’re busy searching for new properties! AmCap closed on nearly one million square feet of retail assets in 2010. Today, we seek neighborhood, community and regional centers. Loan purchases will also be considered.

Owning and operating Grocery Anchored Retail centers throughout the country since 1979 www.AmCap.com Corporate Headquarters 1281 E Main Street Stamford, CT 06902 203-327-2001 www.AmCap.com

Acquisitions Jake Bisenius Chief Investment Officer JBisenius@AmCap.com 203-327-2001

Regional Office/Leasing 44 Cook Street, #710 Denver, CO 80206 303-321-1500 Brokerage@AmCap.com


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Space Place Ohio

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of 3,420 sq.ft.; 3,618 sq.ft. and 9,889 sq.ft. Sears, JCPenney and Elder-Beerman anchor the center. Cotenants include Cinemark Theatres, Bath & Body Works, The Finish Line, Shoe Sensation, Deb, Maurices and Buckle. Area retail includes Walmart, Home Depot and Miami Valley Crossing. Area demographics include a population within three miles earning $60,000 as the average household income. The average daily traffic count is 61,000 vehicles. For details, contact Dan Henthorn, Mid-

Ohio

Oregon

America Management Corp., 987 East Ash Street, Suite 169, Piqua, OH 45356; 937-773-1225, Fax 937-773-1382; Email: dhenthorn@midamco.com; Web site: www.midamco.com.

For details, contact Len Weiselberg, Robert Crum, Matthew Makler, Gary Shapiro or Steven Sandelman, Kin Properties, Inc., 185 Northwest Spanish River Boulevard, 1st Floor, Boca Raton, FL 33431; 888546-7767 Ext. 112/117/118/123/124; Emails: lweiselberg@kinproperties.com, rcrum@kinproperties.com, mmakler@kinproperties.com, gshapiro@kinproperties.com and ssandelman@kinproperties.com; Web site: www.kinproperties.com.

Oregon North Bend – A 37,944 sq.ft. freestanding building located along Newmark Street is available. Portland – A 7,000 sq.ft. freestanding building located along Northeast Halsey Street is available.

Reach oveR 55,000 Retail Real estate decision makeRs with just one click.

Real estate auctions narrow windows for marketing opportunities make e-Blasts essential.

developeRs & BRokeRs Retail real estate for lease and for sale moves fast with quality e-Blast leads.

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seRvice pRovideRs decision makers look for key vendors and resources to enhance operations and cash flow.

disposition companies move sites quickly with e-Blasts.

For more information, call 1-800-732-5856 or visit www.eblast.net page 54

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Pennsylvania East Norriton – Norriton Square, located at the intersection of Hannah Avenue and Germantown Pike, has spaces available of 1,152 sq.ft.; 2,000 sq.ft.; 3,557 sq.ft.; 4,000 sq.ft. and 9,975 sq.ft. Cotenants include ShopRite, Jo-Ann Fabrics and Retro Fitness. Area demographics include a population of 167,640 within five miles earning $94,966 as the average household income. The average daily traffic count is 53,900 vehicles. Quakertown – Richland Marketplace, located at the intersection of Route 309 and West Pumping Station Road, has spaces available from 8,272 sq.ft. to 10,525 sq.ft. Cotenants include Best Buy, Staples, BJ’s Wholesale Club and PetSmart. For details, contact Nina Rogers, Kimco Realty, 6 Coulter Avenue, Suite 1000, Ardmore, PA 19003; 610-896-7560; Email: nrogers@kimcorealty.com; Web site: www.kimcorealty.com. Harrisburg – Union Square Shopping Center, a 309,756 sq.ft. center located at the intersection of Interstate 83 and Union Deposit Road, has spaces available of 2,165 sq.ft.; 3,500 sq.ft. and 9,600 sq.ft. Cotenants include Weis, Gabriel Brothers, OfficeMax, Tuesday Morning and Jimmy John’s. Area demographics include a population of 163,331 within five miles earning $59,788 as the average household income. For details, contact LMS Commercial Real Estate, 120 North Pointe Boulevard, Suite 301, Lancaster, PA 17601; 717569-9373, Fax 717-560-9909; Web site: www.lms-pma.com. Horsham – Village Mall, located along Blair Mill Road, has spaces available from 22,000 sq.ft. to 128,000 sq.ft. Cotenants include Acme, Dollar Tree and Rite Aid. Perkasie – Perkasie Shopping Center, located along Constitution Avenue, has spaces available from 1,200 sq.ft. to 10,000 sq.ft. Cotenants include Landis Supermarket, Rite Aid and McDonald’s. (continued on page fifty-six)


advertise with the dealmakers at the

2011 icsc new york national conFerence

The December 9th issue, distributed at the ICSC New York National Conference in New York, NY, delivers your advertising message to the real decision makers. Our readers respond and our advertisers get results. SET THE STAGE Book appointments in advance by placing your ad in The Dealmakers November 25th pre-show issue, telling everyone you’re ready to make deals! MAKE A STATEMENT Your ad will be hand-delivered to every attendee’s hotel room by 6 a.m. opening day and The Dealmakers December 9th show issue gets exposure on the show floor! FOLLOW UP In addition to powerhouse companies that read The Dealmakers every week, the December 16th post-show issue is mailed to attendees — giving you added exposure!

Place your ad in the Pre-Show, Show and Post-Show issues and at no extra cost, receive: • Placement on THE DEALMAKERS “A” LIST • 55,000+ decision makers will be emailed • 500,000+ real estate pros view your ad at www.dealmakers.net

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Space Place Pennsylvania

(continued from page fifty-four)

For details, contact Royal Properties, Inc., 850 Bronx River Road, Bronxville, NY 10708; 914-237-3403, Fax 914-237-0196; Web site: www.royalpropertiesinc.com. Matamoras – Westfall Town Center, a 205,000 sq.ft. strip center located at the intersection of Route 6 and Hulst Drive, has spaces available of 1,200 sq.ft.; 2,430 sq.ft. and 13,700 sq.ft.. Kmart, Majestic Cinemas, Dollar Tree and Fashion Bug anchor the center. Cotenants include Card$mart, Sneaker King, Payless ShoeSource, Subway and Wendy’s. Area retail includes Lowe’s Home Improvement, Walmart, Sleepy’s, Staples and AutoZone. Area demographics include a population of 21,380 within five miles earning $47,129 as the average household income. The average daily traffic count is 155,000 vehicles. For details, contact Lisa Rosenshein, Rosenshein Associates, 555 South Barry Avenue, Mamaroneck, NY 10543; 914698-3600, Fax 914-698-3939; Email: lrosenshein@rosensheinassocs.com.

Rhode Island Wakefield – Wakefield Mall, a 150,000 sq.ft. center located along Old Tower Hill Road, has an 1,100 sq.ft. space available. Shaw’s and Staples anchor the center. Cotenants include Fashion Bug, FYE, Olympia Sports, Hallmark, Wet Seal, Payless ShoeSource, GNC, Supercuts, Panera Bread, People’s Credit Union and McDonald’s. Area demographics include a population of 55,071 within seven miles earning $63,331 as the median household income. The average daily traffic count is 14,000 vehicles. Warwick – An 8,200 sq.ft. space with a 2,600 sq.ft. mezzanine space situated on a land area of 67,082 sq.ft. along Bald Hill Road/Route 2 is available. Area demographics include a population of 466,962 within 10 miles earning $51,684 as the median household income. The average daily traffic count is 21,700 vehicles. For details, contact Reid Diamond or Matt Giokas, Paramount Partners, LLC, 639 Granie Street, Braintree, MA 02184; 781-848-1550 Ext. 19/26; Emails: rdiamond@paramountpartners.com and mgiokas@paramountpartners.com; Web site: www.wakefieldmallonline.com.

South Carolina Boiling Springs – Boiling Springs Center has spaces available of 2,006 sq.ft. and 3,009 sq.ft. Columbia – Northpointe Commons page 56

May 13, 2011

The

South Carolina

Virginia

has a 6,176 sq.ft. space available. Florence – Southside Commons has a 1,746 sq.ft. space available. Gaffney – Piedmont Plaza has spaces available of 2,003 sq.ft. and 3,213 sq.ft. Georgetown – Plantation Plaza has a 1,997 sq.ft. space available. Greenville – Haywood Plaza has spaces available from 1,020 sq.ft. to 10,453 sq.ft. Also, Shoppes at Woodruff has spaces available from 1,482 sq.ft. to 4,030 sq.ft. Also, White Horse Commons has a 4,007 sq.ft. space available. Greenwood – Westwood Plaza has spaces available from 1,512 sq.ft. to 12,579 sq.ft. Greer – Hillview Plaza has spaces available from 1,205 sq.ft. to 3,007 sq.ft. Lake Wylie – Landing Station has spaces available from 1,500 sq.ft. to 5,974 sq.ft. Lexington – Village Square has spaces available from 792 sq.ft. to 2,808 sq.ft. Myrtle Beach – Northwood Plaza has spaces available from 1,122 sq.ft. to 32,259 sq.ft. Also, Plantation Point has spaces available from 1,552 sq.ft. to 4,128 sq.ft. Surfside Beach – Surfside Commons has a 4,023 sq.ft. space available. For details, contact Debbie Lewis, Rivercrest Realty Investors, 8816 Six Forks Road, Suite 201, Raleigh, NC 27615; 919-518-2000, Fax 919-424-0001; Email: dlewis@rivercrestrealty.com; Web site: www.rivercrestrealty.com.

available. South Boston – Spaces from 1,202 sq.ft. to 5,013 sq.ft. are available. Wytheville – Wytheville Commons has spaces available of 2,396 sq.ft. and 11,756 sq.ft. For details, contact Nicholas SchumanWerb, Rivercrest Realty Investors, 8816 Six Forks Road, Suite 201, Raleigh, NC 27615; 919-518-2000, Fax 919-424-0001; Email: nschuman@rivercrestrealty.com; Web site: www.rivercrestrealty.com.

Texas Houston – River Oaks Shopping Center, located at the intersection of South Shepherd Drive and West Gray, has a 6,667 sq.ft. space available. For details, contact Weingarten Realty; 800688-8865; Email: leasespace@weingarten.com; Web site: www.weingarten.com.

Vermont Brattleboro – Royal Square Shopping Center, a 103,000 sq.ft. center located along Route 5/ Putney Road, has a divisible space of 12,000 sq.ft. available. Cotenants include Staples, Peebles, Dollar Tree, Sleepy’s, Consumer Auto Parts and Olympia Sports. For details, contact New England Retail Properties, Inc., 150 Hartford Avenue, Wethersfield, CT 06109; 860-529-9000; Web site: www.newenglandretail.com.

Virginia Bluefield – Ridgeview Plaza has spaces available of 2,081 sq.ft. and 30,012 sq.ft. Harrisonburg – Garbers Crossing has spaces available of 1,202 sq.ft. and 3,600 sq.ft. Martinsville – Mountainview Plaza has a 3,010 sq.ft. space available. Radford – Peppers Ferry Centre has a 2,776 sq.ft. space

Dealmakers

www.dealmakers.net

West Virginia Martinsburg – A 23,744 sq.ft. freestanding building located along North Queen Street is available. For details, contact Len Weiselberg, Robert Crum, Matthew Makler, Gary Shapiro or Steven Sandelman, Kin Properties, Inc., 185 Northwest Spanish River Boulevard, 1st Floor, Boca Raton, FL 33431; 888546-7767 Ext. 112/117/118/123/124; Emails: lweiselberg@kinproperties.com, rcrum@kinproperties.com, mmakler@kinproperties.com, gshapiro@kinproperties.com and ssandelman@kinproperties.com; Web site: www.kinproperties.com. Princeton – East River Plaza has a 24,560 sq.ft. space available. For details, contact Nicholas SchumanWerb, Rivercrest Realty Investors, 8816 Six Forks Road, Suite 201, Raleigh, NC 27615; 919-518-2000, Fax 919-424-0001; Email: nschuman@rivercrestrealty.com; Web site: www.rivercrestrealty.com.

Wisconsin Fond Du Lac – An 8,400 sq.ft. freestanding building located along West Johnson Street is available. The asking rent is $7.50 psf. Milwaukee – A 7,000 sq.ft. freestanding building located along West Appleton Avenue is available. The asking rent is $12.95 psf. Waukesha – A 2,383 sq.ft. freestanding building located along West Sunset Drive is available. The asking rent is $12.50 psf. For details, contact Len Weiselberg, Robert Crum, Matthew Makler, Gary Shapiro or Steven Sandelman, Kin Properties, Inc., 185 Northwest Spanish River Boulevard, 1st Floor, Boca Raton, FL 33431; 888546-7767 Ext. 112/117/118/123/124; Emails: lweiselberg@kinproperties.com, rcrum@kinproperties.com, mmakler@kinproperties.com, gshapiro@kinproperties.com and ssandelman@kinproperties.com; Web site: www.kinproperties.com. DM


is Buying

BRinging SpEEd and CERtainty to EvERy tRanSaCtion

Brauvin Real Estate is actively seeking single-tenant net-leased properties throughout the country. BRauvin CRitERia • • • • • •

BRauvin BEnEfitS

Sale-leaseback opportunities Short or long term leases Population > 50,000 within 5-mile Deal size up to $6MM per asset Portfolios up to $50MM Credit and non-credit tenants

Eric D. Saltzman (312) 759-7668 esaltzman@brauvin.com

• Completely discretionary capital • Ability to close within 30 days or less • All cash - no financing contingencies • 30+ years of retail expertise • High degree of closing certainty

Mark C. Lewensohn (312) 759-7662 mlewensohn@brauvin.com

www.brauvin.com

Drew D. McElligott (312) 759-7663 dmcelligott@brauvin.com


Most Valuable Players AEI Capital Corp...................................................................... Pg. 48

Gumberg Asset Management Corp.......................................... Pg. 41

AmCap, Inc............................................................................. Pg. 53

High Associates, Ltd................................................................ Pg. 50

Arco.......................................................................................... Pg. 7

Kin Properties, Inc................................................................... Pg. 43

AutoZone................................................................................ Pg. 14

LMS Commercial Real Estate................................................... Pg. 51

Bob Bassel Realties, Inc........................................................... Pg. 26

Longview Economic Development Corp. . .............................. Pg. 34

Brauvin Real Estate.................................................................. Pg. 57

NAI Daus................................................................................ Pg. 16

Breslin Realty............................................................................ Pg. 5

New England Retail Properties, Inc.......................................... Pg. 49

Burlington Coat Factory........................................................... Pg. 42

Paramount Realty Services, Inc......................................... Pgs. 20, 21

Cedar Shopping Centers, Inc................................................... Pg. 11

Pyramid Brokerage Co............................................................. Pg. 18

Children of America................................................................ Pg. 13

RD Management, LLC.......................................................Pgs. 35-38

City of Bowie, Maryland.......................................................... Pg. 40

River Park Development.......................................................... Pg. 23

Coremark Group, LLC............................................................. Pg. 45

Rivercrest Realty Investors....................................................... Pg. 33

Courtelis Co............................................................................ Pg. 44

Royal Properties, Inc. . ............................................................ Pg. 17

Cullinan Properties, Ltd........................................................... Pg. 22

Spirit Halloween...................................................................... Pg. 19

Dealmakers, The.................................................. Pgs. 48, 52, 54, 55

Tenants by Mail....................................................................... Pg. 28

DJM Realty.............................................................................. Pg. 25

Urstadt Biddle Properties, Inc.................................................. Pg. 24

DLC Management Corp................................................... Back Cover

Welco Realty, Inc.................................................................... Pg. 15

Dots.......................................................................................... Pg. 9

Winick Realty Group, LLC...........................................Pg. IFC, 3, IBC

Equity One, Inc....................................................................... Pg. 27

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May 13, 2011

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Always start with solid footing.

At DLC Management Corp., we’ve always done things a little differently. We start by building a strong foundation, the same as any successful business does. Then we use that foundation to offer our clients the flexible, entrepreneurial approach that they deserve. It’s the way we’ve done business for twenty years. And it’s how we’ve become a trusted partner for those we work with.

A history of thinking differently.

124 Shopping Centers : 33 States : 16.8 Million SF : 580 White Plains Road : Tarrytown, NY 10591 : 914.631.3131 : dlcmgmt.com

VISIT US AT RECON 2011 - S-2235 : 22ND AVE. & R ST. : UPPER SOUTH HALL


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